Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 |
Revenues | 1.0 | 0.9 |
Revenue growth | 19.0% | |
Cost of goods sold | 0.3 | 0.4 |
Gross profit | 0.7 | 0.5 |
Gross margin | 67.8% | 55.4% |
Selling, general and administrative | 1.9 | 0.8 |
General and administrative | 0.5 | 0.0 |
EBIT | -2.6 | -0.9 |
EBIT margin | -251.8% | -104.4% |
Pre-tax income | -2.9 | -1.0 |
Income taxes | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% |
Net income | -2.6 | -0.9 |
Net margin | -246.5% | -103.0% |
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Diluted EPS | ($0.25) | ($0.09) |
Shares outstanding (diluted) | 10.5 | 10.0 |
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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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