Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 |
Revenues | 0.8 | 1.1 |
Revenue growth | -23.8% | |
Cost of goods sold | 0.1 | 0.2 |
Gross profit | 0.7 | 0.9 |
Gross margin | 86.9% | 81.0% |
Selling, general and administrative | 2.2 | 0.4 |
General and administrative | 1.5 | 0.4 |
EBIT | -7.7 | -0.4 |
EBIT margin | -935.6% | -35.2% |
Pre-tax income | -7.1 | -0.3 |
Income taxes | 0.7 | 0.0 |
Tax rate | | 0.0% |
Net income | -7.8 | -0.3 |
Net margin | -937.1% | -24.4% |
|
Diluted EPS | ($0.46) | ($0.01) |
Shares outstanding (diluted) | 17.0 | 21.0 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|