In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 |
| 10-K | 10-K | 10-K | 10-K | 10-K/A |
Revenues [+] | 0.3 | 0.1 | -1.5 | -0.2 | 0.0 |
Net interest income | -18.4 | -6.5 | -1.6 | -0.2 | 0.0 |
Net investment income | 10.4 | 0.6 | 0.1 | 0.0 | 0.0 |
Revenue growth | 222.6% | -106.9% | 800.6% | -2933.3% | |
Cost of goods sold | 0.3 | 0.1 | -1.5 | -0.2 | 0.0 |
Gross profit | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross margin | 23.1% | 17.0% | 0.0% | 0.0% | 0.0% |
Selling, general and administrative [+] | 106.4 | 42.4 | 22.3 | 3.6 | 1.5 |
General and administrative | | | | 3.6 | 1.5 |
Research and development | 423.9 | 286.9 | 21.1 | 7.0 | 1.9 |
EBITDA [+] | -523.0 | -328.5 | -43.2 | -10.6 | -3.4 |
EBITDA growth | 59.2% | 659.7% | 309.4% | 210.9% | |
EBITDA margin | -152912.3% | -309940.6% | 2824.8% | 6213.5% | -56633.3% |
Depreciation | 2.0 | 0.7 | 0.1 | 0.0 | 0.0 |
EBITA | -524.9 | -329.2 | -43.3 | -10.6 | -3.4 |
EBITA margin | -153492.7% | -310600.0% | 2829.8% | 6228.2% | -56916.7% |
Amortization of intangibles | 5.3 | | | | |
EBIT [+] | -530.2 | -329.2 | -43.3 | -10.6 | -3.4 |
EBIT growth | 61.1% | 659.9% | 309.2% | 210.0% | |
EBIT margin | -155042.4% | -310600.0% | 2829.8% | 6228.2% | -56916.7% |
Other income (expense), net [+] | -17.1 | -142.1 | -86.7 | -0.3 | 0.0 |
Gain (loss) on derivative instruments | | -138.4 | -85.4 | | |
Gain (loss) on foreign currency transactions | -2.0 | 2.7 | 0.3 | 0.0 | 0.0 |
Other | -0.1 | -0.4 | -0.1 | 0.0 | 0.0 |
Pre-tax income | -547.3 | -471.3 | -130.0 | -10.9 | -3.4 |
Income taxes | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | | | 0.0% | 0.0% | 0.0% |
Net income | -547.5 | -471.3 | -130.0 | -10.9 | -4.7 |
Net margin | -160086.5% | -444661.3% | 8491.4% | 6399.4% | -77550.0% |
|
Basic EPS [+] | ($1.80) | ($1.61) | ($0.96) | ($0.10) | ($0.04) |
Growth | 11.8% | 67.7% | 832.2% | 133.6% | |
Diluted EPS [+] | ($1.80) | ($1.61) | ($0.96) | ($0.10) | ($0.04) |
Growth | 11.8% | 67.7% | 832.2% | 133.6% | |
|
Shares outstanding (basic) [+] | 303.4 | 292.0 | 135.0 | 105.3 | 105.2 |
Growth | 3.9% | 116.2% | 28.2% | 0.1% | |
Shares outstanding (diluted) [+] | 303.4 | 292.0 | 135.0 | 105.3 | 105.2 |
Growth | 3.9% | 116.2% | 28.2% | 0.1% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |