Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 |
Revenues | 141.6 | 84.1 | 39.0 | 38.7 |
Revenue growth | 68.4% | 115.7% | 0.6% | |
Cost of goods sold | 128.3 | 73.8 | 36.3 | 32.9 |
Gross profit | 13.2 | 10.3 | 2.7 | 5.8 |
Gross margin | 9.4% | 12.2% | 6.9% | 15.0% |
Sales and marketing | 6.0 | 20.6 | 2.4 | 12.2 |
General and administrative | 25.0 | 27.8 | 2.6 | 2.4 |
EBIT | -38.4 | -53.1 | -9.9 | -8.8 |
EBIT margin | -27.1% | -63.2% | -25.3% | -22.6% |
Pre-tax income | -45.7 | -67.1 | -15.5 | -14.2 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | | 0.0% |
Net income | -11.0 | -10.1 | -16.1 | 0.0 |
Net margin | -7.8% | -12.1% | -41.3% | 0.0% |
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Diluted EPS | ($1.77) | ($1.64) | ($1.85) | |
Shares outstanding (diluted) | 6.2 | 6.2 | 8.7 | |
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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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