Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 |
Revenues | 40.3 | 13.1 |
Revenue growth | 207.8% | |
Cost of goods sold | 0.0 | 0.0 |
Gross profit | 40.3 | 13.1 |
Gross margin | 100.0% | 100.0% |
Sales and marketing | 3.0 | 0.9 |
Research and development | 22.1 | 9.8 |
General and administrative | 15.3 | 2.4 |
EBIT | -38.2 | -13.0 |
EBIT margin | -94.8% | -99.1% |
Pre-tax income | -35.2 | -12.9 |
Income taxes | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% |
Net income | -35.2 | -12.9 |
Net margin | -87.3% | -98.3% |
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Diluted EPS | ($0.36) | ($0.16) |
Shares outstanding (diluted) | 96.7 | 78.7 |
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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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