Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 |
Revenues | 16.5 | 14.3 |
Revenue growth | 15.9% | |
Cost of goods sold | 11.9 | 10.2 |
Gross profit | 4.6 | 4.1 |
Gross margin | 27.9% | 28.6% |
Selling, general and administrative | 4.8 | 3.9 |
Research and development | 1.2 | 1.1 |
General and administrative | 0.2 | 0.2 |
EBIT | -2.4 | -1.7 |
EBIT margin | -14.6% | -11.9% |
Pre-tax income | -1.6 | -1.8 |
Income taxes | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% |
Net income | -1.6 | -1.8 |
Net margin | -9.9% | -12.7% |
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Diluted EPS | ($0.11) | ($0.13) |
Shares outstanding (diluted) | 15.5 | 13.5 |
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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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