Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 |
Revenues | 16.9 | 0.5 |
Revenue growth | 2997.9% | |
Cost of goods sold | 4.7 | 0.0 |
Gross profit | 12.2 | 0.5 |
Gross margin | 72.1% | 93.0% |
Sales and marketing | 4.1 | 0.6 |
Research and development | 9.0 | 2.5 |
General and administrative | 23.5 | 1.5 |
EBITA | -24.5 | -4.1 |
EBITA margin | -145.3% | -756.2% |
Amortization of intangibles | 1.9 | |
EBIT | -26.4 | -4.1 |
EBIT margin | -156.4% | -756.2% |
Pre-tax income | -26.5 | -5.0 |
Income taxes | 0.0 | 0.0 |
Tax rate | | 0.0% |
Net income | -26.6 | -5.0 |
Net margin | -157.3% | -914.0% |
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Diluted EPS | ($0.90) | ($0.38) |
Shares outstanding (diluted) | 29.5 | 13.2 |
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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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