Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 190.3 | 138.9 | 152.8 | 122.6 | 125.3 | 112.3 | 78.5 | 63.8 |
| Revenue growth | 37.0% | -9.1% | 24.6% | -2.1% | 11.6% | 43.1% | 23.1% | |
| Cost of goods sold | 91.3 | 73.8 | 78.8 | 64.4 | 60.4 | 52.8 | 37.6 | 30.1 |
| Gross profit | 99.0 | 65.1 | 74.0 | 58.3 | 64.9 | 59.5 | 40.8 | 33.6 |
| Gross margin | 52.0% | 46.9% | 48.4% | 47.5% | 51.8% | 52.9% | 52.0% | 52.8% |
| Sales and marketing | 34.3 | 28.7 | 32.6 | 32.9 | 31.6 | 22.3 | 14.6 | 10.8 |
| Research and development | 64.1 | 48.6 | 38.9 | 34.2 | 32.2 | 25.2 | 17.6 | 14.3 |
| General and administrative | 36.1 | 35.0 | 24.1 | 22.3 | 18.2 | 12.4 | 7.1 | 6.1 |
| EBIT | -35.5 | -47.1 | -21.7 | -31.1 | -17.0 | -0.5 | 1.6 | 0.5 |
| EBIT margin | -18.7% | -33.9% | -14.2% | -25.4% | -13.6% | -0.4% | 2.0% | 0.7% |
| Pre-tax income | -51.1 | -51.8 | -22.8 | -35.5 | -17.4 | -1.5 | 1.1 | 0.4 |
| Income taxes | 0.2 | 0.1 | 0.2 | -0.2 | -0.1 | 0.2 | 0.2 | 0.1 |
| Tax rate | | | | 0.7% | 0.6% | | 15.6% | 24.4% |
| Net income | -51.3 | -51.9 | -23.0 | -35.2 | -17.3 | -7.9 | -10.4 | -11.0 |
| Net margin | -26.9% | -37.4% | -15.0% | -28.7% | -13.8% | -7.1% | -13.3% | -17.3% |
| |
| Diluted EPS | ($2.12) | ($2.28) | ($1.05) | ($1.65) | ($0.84) | ($0.74) | ($2.67) | ($3.30) |
| Shares outstanding (diluted) | 24.2 | 22.8 | 21.8 | 21.3 | 20.7 | 10.8 | 3.9 | 3.3 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|