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 |
Revenues | 138.3 | 83.2 | 11.3 | 2.8 | 0.0 | 0.0 |
Revenue growth | 66.3% | 634.5% | 298.5% | | | |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 6.1 | 0.0 | 0.0 |
Gross profit | 138.3 | 83.2 | 11.3 | -3.3 | 0.0 | 0.0 |
Gross margin | 100.0% | 100.0% | 100.0% | -116.0% | | |
Selling, general and administrative | | | | | | 0.0 |
General and administrative | 11.9 | 10.2 | 3.4 | 0.9 | 0.1 | 0.0 |
EBIT | -16.6 | -89.8 | -5.3 | -2.9 | -0.1 | 0.0 |
EBIT margin | -12.0% | -108.0% | -46.6% | -101.1% | | |
Pre-tax income | -26.1 | -105.7 | -8.6 | -3.3 | -0.1 | 0.0 |
Income taxes | 8.0 | 1.2 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | | | 0.0% | 0.0% | 0.0% | |
Net income | -15.6 | -43.9 | -8.6 | -3.3 | -0.1 | 0.0 |
Net margin | -11.3% | -52.8% | -75.5% | -116.0% | | |
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Diluted EPS | ($0.53) | ($2.49) | ($0.79) | ($0.70) | ($3.13) | $0.00 |
Shares outstanding (diluted) | 29.3 | 17.6 | 10.8 | 4.7 | 0.0 | 0.0 |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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