Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 |
| Revenues | 38.0 | 31.3 | 23.6 | 21.0 |
| Revenue growth | 21.4% | 32.9% | 12.0% | |
| Cost of goods sold | 0.0 | 0.0 | 0.0 | 5.8 |
| Gross profit | 38.0 | 31.3 | 23.6 | 15.2 |
| Gross margin | 100.0% | 100.0% | 100.0% | 72.4% |
| Selling, general and administrative | 0.0 | 0.0 | 0.0 | 64.7 |
| Research and development | | | | 10.2 |
| EBITA | 7.8 | -137.3 | -56.1 | -59.7 |
| EBITA margin | 20.6% | -438.3% | -238.3% | -283.7% |
| Amortization of intangibles | 3.9 | 3.7 | 3.7 | 3.7 |
| EBIT | 3.9 | -141.0 | -59.9 | -63.4 |
| EBIT margin | 10.3% | -450.2% | -254.2% | -301.4% |
| Pre-tax income | -23.4 | -88.4 | -47.6 | -178.6 |
| Income taxes | 0.0 | 0.0 | -0.1 | 0.0 |
| Tax rate | | | 0.1% | |
| Net income | -23.4 | -88.4 | -47.5 | -178.6 |
| Net margin | -61.4% | -282.4% | -201.7% | -849.1% |
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| Diluted EPS | ($0.17) | ($0.67) | ($0.36) | ($0.95) |
| Shares outstanding (diluted) | 134.2 | 132.9 | 132.9 | 187.5 |
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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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