Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| Revenues | 19.1 | 9.8 | 1.3 | 0.3 | 0.1 | 0.1 | 2.5 | 4.9 |
| Revenue growth | 95.6% | 659.4% | 333.3% | 175.2% | -7.1% | -95.3% | -49.5% | -65.9% |
| Cost of goods sold | 10.9 | 5.5 | 0.7 | 0.2 | 0.1 | 0.1 | 2.7 | 4.5 |
| Gross profit | 8.2 | 4.3 | 0.6 | 0.1 | 0.0 | 0.0 | -0.2 | 0.4 |
| Gross margin | 43.0% | 43.6% | 44.6% | 31.9% | 42.8% | 19.5% | -8.1% | 7.7% |
| Selling, general and administrative | | | | | | | 2.5 | 3.2 |
| Sales and marketing | 4.9 | 3.2 | 0.0 | 0.1 | 0.1 | 0.0 | | |
| Research and development | 8.1 | 4.1 | 0.0 | 0.0 | | | | |
| General and administrative | 18.0 | 15.3 | 5.5 | 2.5 | 2.0 | 0.7 | 0.8 | 1.3 |
| EBITA | -22.6 | -17.9 | -4.9 | -2.7 | -2.1 | -0.7 | -3.1 | -53.1 |
| EBITA margin | -118.2% | -183.8% | -382.6% | -905.1% | -1911.3% | -574.7% | -126.2% | -1088.6% |
| Amortization of intangibles | | | 0.0 | | | | | |
| EBIT | -22.6 | -17.9 | -4.9 | -2.7 | -2.1 | -0.7 | -3.1 | -53.1 |
| EBIT margin | -118.2% | -183.8% | -383.7% | -905.1% | -1911.3% | -574.7% | -126.2% | -1088.6% |
| Pre-tax income | -58.3 | -30.1 | -4.9 | -2.5 | -2.1 | -0.8 | -13.2 | -51.9 |
| Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | -58.3 | -30.1 | -14.0 | -2.7 | -2.1 | -0.8 | -16.2 | -53.7 |
| Net margin | -305.1% | -308.5% | -1092.6% | -905.0% | -1929.0% | -687.0% | -657.5% | -1101.1% |
| |
| Diluted EPS | ($0.70) | ($0.43) | ($0.35) | ($0.18) | ($0.25) | ($0.19) | ($1.92) | ($6.50) |
| Shares outstanding (diluted) | 83.2 | 70.0 | 40.1 | 14.5 | 8.2 | 4.2 | 8.4 | 8.3 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|