In millions, except per share items | Mar-31-22 | Mar-31-21 | Mar-31-20 | Mar-31-19 | Mar-31-18 | Mar-31-17 | Mar-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues [+] | 1.3 | 1.2 | 2.2 | 3.2 | 1.0 | 0.6 | 0.0 | 0.0 |
Royalties | | | | | | | | 1.5 |
Net interest income | | | | | | 0.0 | | |
Other income | | | | -0.1 | -0.1 | -0.7 | 0.0 | 0.0 |
Revenue growth | 6.7% | -44.6% | -33.7% | 228.7% | 72.6% | -1456.2% | -9.0% | -223.4% |
Cost of goods sold | 0.3 | 0.3 | 0.9 | 1.6 | 0.4 | 0.4 | 0.0 | -11.8 |
Gross profit | 1.0 | 0.9 | 1.3 | 1.6 | 0.6 | 0.2 | 0.0 | 11.8 |
Gross margin | 74.8% | 77.4% | 58.5% | 49.8% | 59.2% | 32.0% | 100.0% | -34778.8% |
Selling, general and administrative [+] | 4.7 | 5.5 | 6.8 | 6.2 | 5.6 | 4.5 | 3.7 | 2.7 |
Sales and marketing | 1.9 | 1.0 | 2.2 | 2.3 | 2.0 | 1.2 | | |
General and administrative [+] | 2.8 | 4.5 | 4.6 | 3.9 | 3.6 | 3.3 | 3.7 | 2.7 |
General and administrative expenses | 2.8 | 4.5 | 4.6 | 3.9 | 3.6 | 3.3 | 3.7 | 2.7 |
Research and development | 1.0 | 1.5 | 3.9 | 3.2 | 2.8 | 2.7 | 1.4 | 1.5 |
Other operating expenses | | | 1.8 | 0.3 | 9.8 | 0.9 | 9.1 | 13.8 |
EBITDA [+] | -4.7 | -6.0 | -10.8 | -8.1 | -17.6 | -7.9 | -14.2 | -6.2 |
EBITDA growth | -21.7% | -44.7% | 33.4% | -54.0% | 121.2% | -44.0% | -609.4% | 20769.6% |
EBITDA margin | -366.6% | -499.9% | -500.8% | -249.0% | -1779.6% | -1389.1% | 33662.4% | 18138.5% |
Depreciation | -1.5 | -1.3 | -1.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
EBITA | -3.2 | -4.6 | -9.7 | -8.2 | -17.7 | -8.0 | -14.3 | -6.2 |
EBITA margin | -250.4% | -388.0% | -452.0% | -251.2% | -1788.6% | -1403.0% | 33812.9% | 18313.5% |
Amortization of intangibles | 1.6 | 1.5 | 1.4 | 0.3 | 0.3 | 0.6 | | |
EBIT [+] | -4.8 | -6.2 | -11.2 | -8.4 | -18.0 | -8.6 | -14.3 | -6.2 |
EBIT growth | -22.5% | -44.9% | 32.4% | -53.1% | 109.7% | -39.9% | -619.9% | 20971.0% |
EBIT margin | -374.7% | -515.8% | -518.5% | -259.8% | -1821.4% | -1499.2% | 33812.9% | 18313.5% |
Non-recurring items [+] | 5.2 | 7.2 | 13.9 | | | | | |
Asset impairment | 5.2 | 7.2 | 13.9 | | | | | |
Interest expense, net [+] | 0.8 | 0.4 | 0.2 | | | | 0.0 | 0.0 |
Interest expense | 0.8 | 0.4 | 0.2 | | 1.3 | | 0.0 | 0.0 |
Interest income | | | | | | | | 0.0 |
Other income (expense), net [+] | 0.4 | 0.1 | 0.3 | -2.1 | 4.6 | 0.5 | 15.3 | 0.6 |
Gain (loss) on debt retirement | | | | -0.3 | | | | |
Unrealized gain/loss on derivatives | | | | 1.4 | 1.4 | | | |
Gain (loss) on foreign currency transactions | | | | 0.0 | 0.1 | 0.1 | 0.1 | 0.2 |
Change in fair value of warrants | | | | 1.4 | 1.4 | | -7.7 | -0.5 |
Other non-ooperating expenses | | | | 0.3 | 1.3 | | | |
Other | 0.4 | 0.1 | 0.3 | -1.1 | 4.9 | 0.6 | 7.7 | 0.3 |
Pre-tax income | -10.4 | -13.6 | -25.0 | -10.6 | -14.6 | -8.1 | 1.0 | -5.6 |
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 | -10.4 | -13.6 | -25.0 | -10.6 | -14.6 | -8.1 | 0.0 | -5.6 |
Net margin | -817.1% | -1141.3% | -1161.7% | -325.2% | -1481.2% | -1410.9% | 0.0% | 16465.3% |
|
Basic EPS [+] | ($1.78) | ($2.66) | ($5.61) | ($4.47) | ($21.73) | ($0.09) | $0.00 | ($0.08) |
Growth | -32.9% | -52.7% | 25.7% | -79.4% | 24611.8% | | -100.0% | 27125.5% |
Diluted EPS [+] | ($1.78) | ($2.66) | ($5.61) | ($4.47) | ($21.73) | ($0.09) | $0.00 | ($0.08) |
Growth | -32.9% | -52.7% | 25.7% | -79.4% | 24611.8% | | -100.0% | 27125.5% |
|
Shares outstanding (basic) [+] | 5.8 | 5.1 | 4.5 | 2.4 | 0.7 | 91.8 | 71.6 | 67.2 |
Growth | 14.0% | 15.1% | 88.6% | 251.0% | -99.3% | 28.3% | 42.5% | -30.4% |
Shares outstanding (diluted) [+] | 5.8 | 5.1 | 4.5 | 2.4 | 0.7 | 91.8 | 80.0 | 67.2 |
Growth | 14.0% | 15.1% | 88.6% | 251.0% | -99.3% | 14.8% | 59.2% | -30.4% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |