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-05-19 | Dec-31-18 | Dec-05-18 | Dec-31-17 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | S-1/A |
| Total revenues [+] | 3.7 | 0.0 | 0.0 | 0.0 | 36.5 | 0.0 | 17.9 | 3.4 |
| Royalties | | | | | 36.5 | | 17.9 | 3.4 |
| Revenue growth | | | | | 103.6% | -100.0% | 425.9% | |
| Cost of goods sold | 0.8 | 0.0 | 0.0 | 0.0 | 43.1 | 0.0 | 19.7 | 6.8 |
| Gross profit | 2.9 | 0.0 | 0.0 | 0.0 | -6.6 | 0.0 | -1.8 | -3.4 |
| Gross margin | 79.5% | | | | -18.1% | | -10.0% | -100.0% |
| Selling, general and administrative [+] | 122.1 | 61.0 | 21.3 | 6.6 | 6.6 | 1.8 | 1.8 | 0.7 |
| General and administrative | 122.1 | 61.0 | 21.3 | 6.6 | 6.6 | 1.8 | 1.8 | 0.7 |
| Research and development | 182.4 | 145.6 | 115.3 | 36.5 | | 17.9 | | |
| Other operating expenses | | | | | 29.9 | | 16.1 | |
| EBITDA [+] | -300.7 | -206.1 | -136.5 | -43.1 | -43.1 | | | |
| EBITDA growth | 45.9% | 50.9% | 217.0% | 118.2% | 118.2% | 380.6% | 380.6% | |
| EBITDA margin | -8157.7% | | | | -117.9% | | -110.0% | -120.4% |
| Depreciation | 0.6 | 0.5 | 0.1 | 0.1 | 0.1 | | | |
| EBITA | -301.3 | -206.5 | -136.6 | -43.1 | -43.1 | -19.7 | -19.7 | -4.1 |
| EBITA margin | -8174.6% | | | | -118.1% | | -110.0% | -120.4% |
| Amortization of intangibles | 0.3 | | | | | | | |
| EBIT [+] | -301.6 | -206.5 | -136.6 | -43.1 | -43.1 | -19.7 | -19.7 | -4.1 |
| EBIT growth | 46.0% | 51.1% | 216.8% | 118.6% | 118.6% | 380.6% | 380.6% | |
| EBIT margin | -8183.0% | | | | -118.1% | | -110.0% | -120.4% |
| Interest expense | 15.7 | | | | | | | |
| Interest expense | 15.7 | | | | | | | |
| Other income (expense), net | 5.8 | 0.2 | 1.0 | 1.1 | 1.1 | 0.5 | 0.5 | -0.9 |
| Pre-tax income | -311.5 | -206.4 | -135.7 | -42.0 | -42.0 | -19.3 | -19.3 | -5.0 |
| Income taxes | 0.0 | 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% | 0.0% |
| Net income | -311.5 | -206.4 | -135.7 | -42.0 | -42.0 | -19.3 | -19.3 | -5.0 |
| Net margin | -8449.8% | | | | -115.0% | | -107.3% | -145.9% |
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| Basic EPS [+] | ($5.66) | ($4.18) | ($3.80) | ($22.78) | ($22.78) | ($15.53) | ($15.53) | ($7.16) |
| Growth | 35.5% | 9.8% | -83.3% | 46.7% | 46.7% | 116.9% | 116.9% | |
| Diluted EPS [+] | ($5.66) | ($4.18) | ($3.80) | ($22.78) | ($22.78) | ($15.53) | ($15.53) | ($7.16) |
| Growth | 35.5% | 9.8% | -83.3% | 46.7% | 46.7% | 116.9% | 116.9% | |
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| Shares outstanding (basic) [+] | 55.0 | 49.4 | 35.7 | 1.8 | 1.8 | 1.2 | 1.2 | 0.7 |
| Growth | 11.4% | 38.5% | 1835.1% | 48.7% | 48.7% | 78.3% | 78.3% | |
| Shares outstanding (diluted) [+] | 55.0 | 49.4 | 35.7 | 1.8 | 1.8 | 1.2 | 1.2 | 0.7 |
| Growth | 11.4% | 38.5% | 1835.1% | 48.7% | 48.7% | 78.3% | 78.3% | |
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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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