Overview Financials News + Filings Key Docs Ownership Insiders
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Recent News + Filings (All items)
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Revenue Mix by Segment
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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 |
| Revenues | 131.4 | 53.6 | 25.9 | 43.0 | 14.3 | 7.6 | 6,669.0 |
| Revenue growth | 145.1% | 106.9% | -39.8% | 200.2% | 89.0% | -99.9% | |
| Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 23,138.4 |
| Gross profit | 131.4 | 53.6 | 25.9 | 43.0 | 14.3 | 7.6 | -16,469.4 |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | -247.0% |
| Research and development | 315.0 | 180.4 | 108.4 | 67.2 | 45.2 | 28.8 | |
| General and administrative | 79.6 | 61.6 | 38.3 | 27.3 | 12.9 | 3.5 | 3,196.3 |
| EBIT | -273.8 | -195.3 | -124.9 | -76.2 | -43.8 | -24.8 | -16,469.4 |
| EBIT margin | -208.4% | -364.4% | -482.2% | -177.2% | -305.8% | -326.7% | -247.0% |
| Pre-tax income | -251.0 | -184.1 | -115.2 | -70.3 | -41.5 | -24.0 | -14,438.1 |
| Income taxes | 20.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -87.4 |
| Tax rate | | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.6% |
| Net income | -282.5 | -191.0 | -119.3 | -70.3 | -239.8 | -28.6 | -14,350.6 |
| Net margin | -215.0% | -356.3% | -460.6% | -163.5% | -1674.5% | -377.6% | -215.2% |
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| Diluted EPS | ($5.31) | ($3.82) | ($3.02) | ($2.14) | ($25.45) | ($15.08) | |
| Shares outstanding (diluted) | 53.2 | 50.0 | 39.5 | 32.9 | 9.4 | 1.9 | |
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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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