Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 |
Revenues | 5.0 | 2.1 | 1.0 | 0.9 |
Revenue growth | 141.3% | 110.1% | 10.6% | |
Cost of goods sold | 1.7 | 1.1 | 0.5 | 0.5 |
Gross profit | 3.3 | 1.0 | 0.5 | 0.4 |
Gross margin | 65.6% | 46.7% | 49.3% | 43.7% |
Selling, general and administrative | 3.4 | 0.8 | 0.1 | 0.1 |
Sales and marketing | 0.6 | 0.2 | 0.0 | 0.0 |
Research and development | 1.0 | 0.7 | 0.8 | 0.8 |
EBIT | 3.7 | 0.6 | 0.4 | 0.5 |
EBIT margin | 73.5% | 27.6% | 39.6% | 51.6% |
Pre-tax income | 0.0 | 0.0 | 0.0 | 0.0 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 |
Net income | 3.7 | 0.8 | 0.6 | 0.5 |
Net margin | 73.6% | 39.7% | 64.8% | 61.4% |
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Diluted EPS | $0.49 | $0.24 | $0.26 | |
Shares outstanding (diluted) | 7.5 | 3.5 | 2.5 | |
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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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