Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 |
Revenues | 0.0 | 0.0 |
Cost of goods sold | 0.0 | 0.0 |
Gross profit | 0.0 | 0.0 |
Research and development | 42.0 | |
General and administrative | 23.0 | 4.6 |
EBIT | -65.1 | -4.6 |
Pre-tax income | -64.5 | -4.5 |
Income taxes | 0.0 | 0.0 |
Tax rate | 0.1% | 0.0% |
Net income | -49.9 | -4.5 |
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Diluted EPS | ($1.70) | ($0.01) |
Shares outstanding (diluted) | 29.4 | 360.0 |
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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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