| In millions, except per share items | Mar-31-23 | Mar-31-22 | Mar-31-21 | Mar-31-20 | Mar-31-19 | Mar-31-18 | Mar-31-17 | Mar-31-16 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| ANDA | | | | | 6.6 | 6.5 | | |
| Other | | | | | 1.0 | 1.0 | | |
| Total revenues [+] | 34.2 | 32.3 | 25.4 | 18.0 | 7.6 | 7.5 | 9.6 | 12.5 |
| Licensing | 5.0 | 5.3 | 4.4 | 3.5 | 2.2 | 2.3 | | |
| License and services | | | | | | | 2.3 | 4.5 |
| Net interest income | | | | -0.4 | | | | |
| Revenue growth [+] | 5.9% | 27.1% | 41.0% | 137.8% | 1.5% | -22.6% | -22.9% | 149.2% |
| ANDA | | | | | 1.7% | | | |
| Customer One | 7.1% | 38.7% | 97.5% | 129.4% | 11.2% | -12.5% | -1.5% | 63.1% |
| Cost of goods sold | 17.6 | 17.5 | 13.5 | 10.0 | 4.7 | 3.5 | 5.9 | 4.5 |
| Gross profit | 16.6 | 14.8 | 11.9 | 8.0 | 2.9 | 3.9 | 3.7 | 8.0 |
| Gross margin | 48.6% | 45.9% | 46.8% | 44.3% | 37.9% | 52.9% | 38.8% | 64.1% |
| Selling, general and administrative [+] | 5.1 | 4.5 | 3.3 | 3.3 | 3.1 | 2.3 | 2.1 | 2.9 |
| General and administrative | 5.1 | 4.5 | 3.3 | 3.3 | 3.1 | 2.3 | 2.1 | 2.9 |
| Research and development | 6.2 | 4.1 | 5.1 | 5.5 | 7.6 | 9.6 | 8.3 | 12.4 |
| Other operating expenses | 0.0 | 0.0 | 0.0 | -1.4 | 0.1 | 0.2 | 0.4 | 0.3 |
| EBITDA [+] | 5.2 | 6.3 | 3.4 | 0.5 | -7.9 | -8.1 | -6.6 | -7.7 |
| EBITDA growth | -16.5% | 83.7% | 536.7% | -106.8% | -1.9% | 21.3% | -13.2% | -52.0% |
| EBITDA margin | 15.4% | 19.5% | 13.5% | 3.0% | -104.4% | -108.0% | -68.9% | -61.2% |
| Depreciation and amortization | 1.3 | 1.2 | 1.3 | 1.3 | 1.3 | 1.0 | 0.7 | 0.7 |
| EBIT [+] | 4.0 | 5.1 | 2.1 | -0.8 | -9.2 | -9.1 | -7.4 | -8.3 |
| EBIT growth | -21.7% | 140.9% | -368.8% | -91.5% | 1.2% | 23.0% | -11.6% | -49.6% |
| EBIT margin | 11.6% | 15.7% | 8.3% | -4.4% | -121.0% | -121.4% | -76.3% | -66.5% |
| Non-recurring items [+] | 0.3 | | | 1.5 | | | | |
| Loss (gain) on sale of assets | 0.3 | | | 1.5 | | | | |
| Interest expense, net [+] | 1.1 | 0.2 | 0.3 | 0.0 | 0.3 | 0.3 | 0.2 | 0.3 |
| Interest expense | 1.1 | 0.2 | 0.3 | 0.1 | 0.4 | 0.3 | 0.2 | 0.3 |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
| Other income (expense), net [+] | 1.4 | 1.4 | 2.3 | 0.1 | -0.4 | 4.7 | 9.5 | 7.4 |
| Gain (loss) on sale of assets | 1.0 | | 0.0 | | | | | |
| Gain (loss) on derivative instruments | 0.4 | 1.4 | 1.2 | | | | | |
| Other | | | | 0.0 | -0.8 | 4.3 | 9.3 | 7.1 |
| Pre-tax income | 4.0 | 6.3 | 4.1 | -2.2 | -10.0 | -4.7 | 1.9 | -1.2 |
| Income taxes | 0.4 | 1.7 | -0.9 | 0.0 | -0.7 | -1.0 | -1.9 | -0.5 |
| Tax rate | 10.6% | 27.5% | | | 6.8% | 22.2% | | 43.2% |
| Earnings from continuing ops | 3.6 | 8.9 | 5.1 | -2.2 | -9.3 | -3.7 | 24.5 | -10.0 |
| Earnings from discontinued ops | | | | 1.1 | | | | |
| Net income | 3.6 | 8.9 | 5.1 | -2.2 | -9.3 | -3.7 | 24.5 | -10.0 |
| Net margin | 10.4% | 27.6% | 20.0% | -12.5% | -122.6% | -49.2% | 254.5% | -79.8% |
| |
| Basic EPS [+] | $0.00 | $0.01 | $0.01 | $0.00 | ($0.01) | $0.00 | $0.03 | ($0.01) |
| Growth | -60.1% | 63.2% | -300.5% | -76.4% | 147.0% | -115.8% | -297.7% | -130.2% |
| Diluted EPS [+] | $0.00 | $0.01 | $0.01 | $0.00 | ($0.01) | $0.00 | $0.03 | ($0.01) |
| Growth | -60.1% | 63.2% | -339.2% | -80.2% | 147.0% | -115.8% | -296.3% | -138.7% |
| |
| Shares outstanding (basic) [+] | 1,012.9 | 1,010.6 | 943.0 | 832.3 | 814.2 | 796.1 | 838.7 | 673.9 |
| Growth | 0.2% | 7.2% | 13.3% | 2.2% | 2.3% | -5.1% | 24.4% | 14.0% |
| Shares outstanding (diluted) [+] | 1,012.9 | 1,010.6 | 943.0 | 993.3 | 816.3 | 798.2 | 844.5 | 673.9 |
| Growth | 0.2% | 7.2% | -5.1% | 21.7% | 2.3% | -5.5% | 25.3% | -11.0% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |