Overview Financials News + Filings Key Docs Charts Ownership Insiders
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| 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 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Collaboration Arrangement | 8.5 | 8.8 | 2.6 | 25.0 | | | | |
| Other | 125.5 | 87.4 | 39.5 | | | | | |
| Total revenues | 134.0 | 96.1 | 42.1 | 25.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Revenue growth [+] | 39.4% | 128.5% | 68.3% | | | | | |
| Collaboration Arrangement | -2.6% | 233.5% | -89.5% | | | | | |
| Cost of goods sold | 8.8 | 2.9 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Gross profit | 125.3 | 93.2 | 41.9 | 25.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Gross margin | 93.5% | 97.0% | 99.5% | 100.0% | | | | |
| Selling, general and administrative [+] | 120.2 | 136.3 | 114.1 | 68.1 | 21.2 | 11.4 | 5.7 | 5.1 |
| General and administrative | | | | | | 11.4 | 5.7 | 5.1 |
| Research and development | 187.8 | 257.0 | 199.0 | 157.6 | 82.9 | 39.5 | 20.2 | 12.5 |
| EBITDA [+] | -179.8 | -297.1 | -268.9 | -199.9 | -103.8 | -50.8 | -25.7 | -17.5 |
| EBITDA growth | -39.5% | 10.5% | 34.5% | 92.6% | 104.4% | 97.2% | 46.8% | |
| EBITDA margin | -134.1% | -309.0% | -638.9% | -799.6% | | | | |
| Depreciation and amortization | 2.9 | 3.0 | 2.3 | 0.8 | 0.3 | 0.2 | 0.1 | 0.1 |
| EBIT [+] | -182.7 | -300.1 | -271.2 | -200.7 | -104.1 | -50.9 | -25.8 | -17.6 |
| EBIT growth | -39.1% | 10.7% | 35.1% | 92.8% | 104.4% | 97.1% | 46.7% | |
| EBIT margin | -136.3% | -312.1% | -644.4% | -802.9% | | | | |
| Interest expense | | | | 0.1 | 0.1 | 0.1 | 0.1 | 2.2 |
| Interest expense | | | | 0.1 | 0.1 | 0.1 | 0.1 | 2.2 |
| Other income (expense), net | 4.5 | 0.1 | 4.7 | 8.5 | 4.3 | 0.7 | 0.0 | 0.0 |
| Pre-tax income | -178.2 | -300.0 | -266.5 | -192.3 | -99.9 | -50.3 | -25.9 | -19.8 |
| Income taxes | 0.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Tax rate | | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | -178.9 | -300.0 | -266.5 | -192.3 | -99.9 | -50.3 | -25.9 | -19.8 |
| Net margin | -133.5% | -312.0% | -633.2% | -769.0% | | | | |
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| Basic EPS [+] | ($2.37) | ($5.16) | ($4.78) | ($4.48) | ($2.82) | ($2.99) | ($2.23) | ($4.67) |
| Growth | -54.1% | 8.1% | 6.5% | 58.9% | -5.8% | 34.2% | -52.2% | |
| Diluted EPS [+] | ($2.37) | ($5.16) | ($4.78) | ($4.48) | ($2.82) | ($2.99) | ($2.23) | ($4.67) |
| Growth | -54.1% | 8.1% | 6.5% | 58.9% | -5.8% | 34.2% | -52.2% | |
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| Shares outstanding (basic) [+] | 75.5 | 58.1 | 55.8 | 42.9 | 35.4 | 16.8 | 11.6 | 4.2 |
| Growth | 30.0% | 4.1% | 30.1% | 21.1% | 110.8% | 44.4% | 173.8% | |
| Shares outstanding (diluted) [+] | 75.5 | 58.1 | 55.8 | 42.9 | 35.4 | 16.8 | 11.6 | 4.2 |
| Growth | 30.0% | 4.1% | 30.1% | 21.1% | 110.8% | 44.4% | 173.8% | |
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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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