Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 |
Revenues | 0.0 | 4.6 |
Revenue growth | -100.0% | |
Cost of goods sold | 0.2 | 3.9 |
Gross profit | -0.2 | 0.7 |
Gross margin | 9503.4% | 15.0% |
Sales and marketing | | 0.7 |
Research and development | | 0.6 |
General and administrative | 2.8 | 0.6 |
EBIT | -3.1 | -1.3 |
EBIT margin | 142797.7% | -27.7% |
Pre-tax income | -4.0 | -1.3 |
Income taxes | 0.0 | 0.0 |
Tax rate | 0.0% | 0.1% |
Net income | -4.0 | -1.3 |
Net margin | 185744.8% | -27.6% |
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Diluted EPS | ($0.53) | ($0.13) |
Shares outstanding (diluted) | 7.5 | 9.3 |
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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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