Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-19 |
| Revenues | 135.5 | 103.6 | 55.7 |
| Revenue growth | 30.7% | | |
| Cost of goods sold | 6.9 | 2.5 | 0.3 |
| Gross profit | 128.5 | 101.1 | 55.4 |
| Gross margin | 94.9% | 97.6% | 99.4% |
| Selling, general and administrative | 96.6 | 73.2 | 36.8 |
| EBIT | -68.4 | -52.3 | -4.0 |
| EBIT margin | -50.5% | -50.5% | -7.2% |
| Pre-tax income | -68.0 | -70.0 | -42.0 |
| Income taxes | -3.9 | -0.3 | 2.5 |
| Tax rate | 5.8% | 0.5% | |
| Net income | -101.5 | -96.3 | -44.4 |
| Net margin | -74.9% | -92.9% | -79.8% |
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| Diluted EPS | ($1.08) | ($1.35) | |
| Shares outstanding (diluted) | 93.8 | 71.1 | |
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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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