Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 |
| Revenues | 17.2 | 0.0 |
| Cost of goods sold | 3.3 | 0.8 |
| Gross profit | 13.8 | -0.8 |
| Gross margin | 80.6% | |
| Selling, general and administrative | 0.0 | 0.0 |
| EBIT | -3.3 | -0.8 |
| EBIT margin | -19.4% | |
| Pre-tax income | 2.6 | -0.8 |
| Income taxes | 1.2 | 0.0 |
| Tax rate | 46.3% | 0.0% |
| Net income | 1.4 | -0.8 |
| Net margin | 8.0% | |
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| Diluted EPS | $0.02 | ($0.05) |
| Shares outstanding (diluted) | 56.0 | 16.9 |
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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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