Surrozen, Inc. [Rocket]

In millions, except per share items	Dec-31-22	Dec-05-22	Dec-31-21	Dec-05-21	Dec-31-20	Dec-31-19
	10-K	8-K	10-K	8-K	10-K	S-1/A
Revenues	12.5	37.0	0.0	40.2	0.0
Revenue growth		-7.9%
Cost of goods sold	0.0	56.8	0.0	54.4	0.0
Gross profit	12.5	-19.8	0.0	-14.2	0.0
Gross margin	100.0%	-53.6%		-35.4%
Selling, general and administrative [+]	56.8	19.8	54.4	14.2	32.8
General and administrative		19.8		14.2
Other operating expenses	-0.4	4.7	0.3	26.0	-0.1
EBITDA [+]	-41.9		-52.7		-30.8
EBITDA growth	-20.3%	-18.5%	71.1%
EBITDA margin	-335.5%	-119.8%		-135.4%
Depreciation and amortization	2.0		2.1		1.9
EBIT [+]	-43.9	-44.3	-54.7	-54.4	-32.7
EBIT growth	-19.8%	-18.5%	67.3%
EBIT margin	-351.2%	-119.8%		-135.4%
Interest income	0.8	0.8	0.1	0.1	0.1
Interest income	0.8	0.8	0.1	0.1	0.1
Other income (expense), net [+]	7.1	7.6	0.0	-0.3	-0.1
Change in fair value of warrants	-7.9		-0.1
Pre-tax income	-36.0	-36.0	-54.6	-54.6	-32.7
Income taxes	0.0	0.0	0.0	0.0	0.0
Tax rate	0.0%	0.0%	0.0%	0.0%	0.0%
Net income	-36.0	-36.0	-54.6	-54.6	-32.7
Net margin	-288.0%	-97.3%		-136.0%

Basic EPS [+]	($1.04)	($1.04)	($2.21)	($2.21)	($2.05)
Growth	-53.2%	-53.2%	8.1%
Diluted EPS [+]	($1.04)	($1.04)	($2.21)	($2.21)	($2.05)
Growth	-53.2%	-53.2%	8.1%

Shares outstanding (basic) [+]	34.7	34.7	24.7	24.7	16.0
Growth	40.6%	40.6%	54.6%
Shares outstanding (diluted) [+]	34.7	34.7	24.7	24.7	16.0
Growth	40.6%	40.6%	54.6%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.