Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
Revenues | 0.5 | 0.4 | 0.4 | 10.6 | 13.9 | 15.1 | 22.7 | 24.0 |
Revenue growth | 40.0% | -10.3% | -96.1% | -23.9% | -7.7% | -33.6% | -5.5% | 4.2% |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 9.7 | 11.3 | 15.1 | 16.2 | 18.8 |
Gross profit | 0.5 | 0.4 | 0.4 | 0.9 | 2.6 | 0.0 | 6.5 | 5.3 |
Gross margin | 100.0% | 100.0% | 100.0% | 8.6% | 18.9% | 0.1% | 28.8% | 21.9% |
Selling, general and administrative | | | | | | | 7.7 | 8.1 |
Research and development | | | | | | | | |
General and administrative | 3.6 | 5.8 | 2.0 | 2.5 | 3.6 | 5.3 | 3.2 | 2.8 |
EBIT | -12.7 | -18.2 | -2.3 | -1.9 | -0.9 | -5.3 | -1.2 | -2.9 |
EBIT margin | -2459.7% | -4908.2% | -551.7% | -17.6% | -6.7% | -35.4% | -5.4% | -12.0% |
Pre-tax income | -13.4 | -19.2 | -2.9 | -2.2 | -2.6 | -5.7 | -1.5 | -4.2 |
Income taxes | 0.0 | -1.9 | -1.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 |
Tax rate | | 10.1% | 33.1% | 0.0% | 0.0% | 0.0% | | |
Earnings from continuing ops | -13.8 | -19.6 | -3.0 | -2.2 | -2.6 | -5.7 | -1.6 | -4.3 |
Earnings from discontinued ops | 0.0 | 1.9 | 1.0 | | | | | |
Net income | -13.8 | -17.6 | -2.0 | -2.2 | -2.6 | -5.7 | -1.6 | -4.3 |
Net margin | -2662.9% | -4770.9% | -491.4% | -20.4% | -18.8% | -38.0% | -7.2% | -17.7% |
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Diluted EPS | ($1.18) | ($4.12) | ($0.85) | ($0.62) | ($0.76) | ($0.08) | ($0.03) | ($0.08) |
Shares outstanding (diluted) | 11.6 | 4.8 | 3.5 | 3.5 | 3.4 | 68.5 | 52.8 | 51.4 |
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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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