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 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| United States | 194.5 | 142.7 | 73.4 | 236.8 | 211.7 | 141.1 | 97.5 |
| International | 66.4 | 44.5 | 32.7 | 90.0 | 79.9 | 60.5 | 36.0 |
| Total revenues | 260.9 | 187.1 | 106.0 | 326.8 | 291.6 | 201.6 | 133.5 |
| Revenue growth [+] | 39.4% | 76.5% | -67.6% | 12.1% | 44.7% | 51.0% | |
| United States | 36.3% | 94.5% | -69.0% | 11.9% | 50.0% | 44.8% | |
| International | 49.4% | 36.1% | -63.7% | 12.6% | 32.1% | 67.8% | |
| Cost of goods sold | 90.7 | 70.3 | 62.3 | 129.1 | 120.7 | 81.7 | 55.7 |
| Gross profit | 170.2 | 116.8 | 43.7 | 197.7 | 171.0 | 119.9 | 77.8 |
| Gross margin | 65.2% | 62.4% | 41.2% | 60.5% | 58.6% | 59.5% | 58.3% |
| Selling, general and administrative [+] | 130.6 | 118.3 | 187.4 | 203.4 | 163.6 | 122.7 | 90.1 |
| Sales and marketing | 49.3 | 35.9 | 84.3 | 102.9 | 83.4 | 59.7 | 48.4 |
| General and administrative | 81.3 | 82.4 | 103.1 | 100.5 | 80.1 | 63.0 | 41.7 |
| Research and development | 86.3 | 66.3 | 54.6 | 64.2 | 46.1 | 30.6 | 22.7 |
| Other operating expenses | | | -9.5 | | | | |
| Adjusted EBITDA | 21.5 | -1.5 | -125.9 | -8.0 | 26.2 | -3.1 | -18.9 |
| Adjusted EBITDA margin | 8.2% | -0.8% | -118.8% | -2.5% | 9.0% | -1.6% | -14.1% |
| Stock-based compensation | 53.4 | 47.5 | 40.2 | 37.6 | 30.2 | 10.9 | 8.5 |
| EBITDA [+] | -31.9 | -49.1 | -166.1 | -45.6 | -4.1 | -14.0 | -27.4 |
| EBITDA growth | -35.0% | -70.5% | 264.1% | 1021.9% | -70.9% | -49.0% | |
| EBITDA margin | -12.2% | -26.2% | -156.7% | -14.0% | -1.4% | -6.9% | -20.5% |
| Depreciation | 5.7 | 7.5 | 12.0 | 13.5 | 11.4 | 9.2 | 7.0 |
| EBITA | -37.5 | -56.6 | -178.2 | -59.1 | -15.5 | -23.2 | -34.4 |
| EBITA margin | -14.4% | -30.2% | -168.1% | -18.1% | -5.3% | -11.5% | -25.8% |
| Amortization of intangibles | 9.2 | 11.2 | 10.6 | 10.8 | 23.2 | 10.2 | 0.6 |
| EBIT [+] | -46.7 | -67.8 | -188.8 | -70.0 | -38.7 | -33.4 | -35.1 |
| EBIT growth | -31.0% | -64.1% | 169.8% | 80.9% | 15.8% | -4.7% | |
| EBIT margin | -17.9% | -36.2% | -178.1% | -21.4% | -13.3% | -16.6% | -26.3% |
| Non-recurring items [+] | | | 9.5 | | | | |
| Asset impairment | | | 9.5 | | | | |
| Interest expense | 11.3 | 16.3 | 24.6 | 3.0 | 11.3 | 6.5 | 3.5 |
| Interest expense | 11.3 | 16.3 | 24.6 | 3.0 | 11.3 | 6.5 | 3.5 |
| Other income (expense), net [+] | 2.8 | -53.6 | -1.9 | 4.0 | -13.0 | 1.3 | -1.7 |
| Gain (loss) on debt retirement | | -50.0 | | -1.7 | -0.2 | | |
| Change in fair value of warrants | | | | | -9.6 | -2.2 | |
| Other | 2.8 | -3.6 | -1.9 | 5.7 | -3.2 | 3.5 | -1.7 |
| Pre-tax income | -55.3 | -137.7 | -224.8 | -69.0 | -62.9 | -38.6 | -40.3 |
| Income taxes | 0.1 | 1.4 | -0.1 | -0.2 | 1.2 | 0.0 | 0.1 |
| Tax rate | | | 0.0% | 0.3% | | 0.0% | |
| Net income | -55.4 | -139.1 | -224.7 | -68.8 | -64.1 | -38.5 | -40.4 |
| Net margin | -21.2% | -74.3% | -212.0% | -21.0% | -22.0% | -19.1% | -30.3% |
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| Basic EPS [+] | ($0.56) | ($1.47) | ($2.52) | ($0.84) | ($1.71) | ($1.98) | ($2.48) |
| Growth | -61.8% | -41.4% | 199.9% | -50.9% | -13.7% | -20.3% | |
| Diluted EPS [+] | ($0.56) | ($1.47) | ($2.52) | ($0.84) | ($1.71) | ($1.98) | ($2.48) |
| Growth | -61.8% | -41.4% | 199.9% | -50.9% | -13.7% | -20.3% | |
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| Shares outstanding (basic) [+] | 98.3 | 94.3 | 89.3 | 82.0 | 37.5 | 19.5 | 16.3 |
| Growth | 4.2% | 5.6% | 9.0% | 118.4% | 92.5% | 19.7% | |
| Shares outstanding (diluted) [+] | 98.3 | 94.3 | 89.3 | 82.0 | 37.5 | 19.5 | 16.3 |
| Growth | 4.2% | 5.6% | 9.0% | 118.4% | 92.5% | 19.7% | |
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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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