Financial Summary (All financials)
In millions, except per share items | Dec-31-19 | Dec-31-18 |
Revenues | 0.0 | 0.1 |
Revenue growth | -100.0% | |
Cost of goods sold | 0.0 | 0.1 |
Gross profit | 0.0 | 0.0 |
Gross margin | | 0.0% |
Research and development | 48.8 | 14.1 |
General and administrative | 17.0 | 4.7 |
EBIT | -65.8 | -18.8 |
EBIT margin | | -21619.5% |
Pre-tax income | -63.2 | -19.1 |
Income taxes | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% |
Net income | -63.2 | -19.1 |
Net margin | | -21939.1% |
|
Diluted EPS | ($2.22) | ($3.71) |
Shares outstanding (diluted) | 28.5 | 5.1 |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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