In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 |
| 10-K | 10-K | 10-K | 10-K | S-1 |
Revenues | 20.2 | 1.6 | 0.0 | 0.0 | 0.1 |
Revenue growth | 1138.8% | | -100.0% | -69.8% | |
Cost of goods sold | 9.3 | 1.6 | -2.4 | 0.0 | 0.0 |
Gross profit | 10.8 | 0.0 | 2.4 | 0.0 | 0.0 |
Gross margin | 53.7% | 1.5% | | 75.0% | 84.9% |
Selling, general and administrative [+] | 73.7 | 63.1 | 21.1 | 8.0 | 4.1 |
General and administrative | | | | | 4.1 |
Research and development | 20.9 | 60.4 | 40.7 | 20.2 | 10.2 |
Other operating expenses | -0.3 | -1.1 | | -1.5 | -1.0 |
EBITDA [+] | -82.1 | -121.3 | -59.0 | -26.4 | -13.1 |
EBITDA growth | -32.3% | 105.5% | 123.5% | 101.3% | |
EBITDA margin | -407.2% | -7455.6% | | -165025.0% | -24745.3% |
Depreciation and amortization | 1.5 | 1.1 | 0.3 | 0.2 | 0.1 |
EBIT [+] | -83.5 | -122.4 | -59.3 | -26.6 | -13.2 |
EBIT growth | -31.7% | 106.2% | 122.9% | 101.3% | |
EBIT margin | -414.5% | -7521.8% | | -166431.3% | -24964.2% |
Interest expense, net [+] | 7.7 | 4.4 | 0.9 | -0.1 | 0.0 |
Interest expense | 10.7 | 7.2 | 2.5 | 0.0 | 0.0 |
Interest income | 3.0 | 2.8 | 1.6 | 0.1 | 0.0 |
Other income (expense), net [+] | 0.1 | 1.2 | 0.2 | 0.0 | 0.0 |
Change in fair value of warrants | 0.0 | 0.7 | 0.2 | 0.0 | 0.0 |
Other non-ooperating expenses | | | | | 0.0 |
Other | -7.7 | -3.7 | -0.7 | 0.1 | 0.0 |
Pre-tax income | -91.1 | -125.6 | -60.1 | -26.6 | -13.2 |
Income taxes | 0.1 | 0.5 | 0.0 | 0.0 | 0.0 |
Tax rate | | | 0.0% | 0.0% | 0.0% |
Net income | -91.3 | -126.0 | -60.1 | -26.6 | -13.2 |
Net margin | -452.7% | -7746.7% | | -165962.5% | -24922.6% |
|
Basic EPS [+] | ($2.14) | ($4.83) | ($4.99) | ($13.09) | ($7.17) |
Growth | -55.7% | -3.2% | -61.9% | 82.6% | |
Diluted EPS [+] | ($2.14) | ($4.83) | ($4.99) | ($13.09) | ($7.17) |
Growth | -55.7% | -3.2% | -61.9% | 82.6% | |
|
Shares outstanding (basic) [+] | 42.6 | 26.1 | 12.0 | 2.0 | 1.8 |
Growth | 63.3% | 116.8% | 493.9% | 10.1% | |
Shares outstanding (diluted) [+] | 42.6 | 26.1 | 12.0 | 2.0 | 1.8 |
Growth | 63.3% | 116.8% | 493.9% | 10.1% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |