In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 |
| 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues | 62.1 | 25.8 | 24.2 | 20.1 | 12.3 |
Revenue growth | 140.4% | 6.8% | 20.6% | 63.0% | |
Cost of goods sold | 47.4 | 20.1 | 17.6 | 13.9 | 9.2 |
Gross profit | 14.8 | 5.7 | 6.6 | 6.2 | 3.1 |
Gross margin | 23.8% | 22.1% | 27.4% | 30.7% | 24.8% |
Selling, general and administrative [+] | 13.1 | 6.7 | 10.2 | 8.7 | 5.3 |
Sales and marketing | | | 1.0 | 1.0 | 0.4 |
General and administrative | 13.1 | 6.7 | 9.2 | 7.7 | 4.9 |
Other operating expenses | 1.8 | 2.1 | 2.3 | 1.2 | 0.1 |
EBITDA [+] | 0.3 | -2.8 | -5.6 | -3.6 | -2.3 |
EBITDA growth | -110.4% | -50.0% | 54.6% | 58.2% | |
EBITDA margin | 0.5% | -10.8% | -23.1% | -18.0% | -18.6% |
Depreciation | 0.2 | 0.3 | 0.3 | 0.2 | 0.1 |
EBITA | 0.1 | -3.1 | -5.9 | -3.8 | -2.4 |
EBITA margin | 0.1% | -11.8% | -24.2% | -18.8% | -19.2% |
Amortization of intangibles | 0.3 | 0.0 | 0.0 | 0.0 | |
EBIT [+] | -0.2 | -3.1 | -5.9 | -3.8 | -2.4 |
EBIT growth | -93.3% | -47.9% | 55.4% | 59.6% | |
EBIT margin | -0.3% | -11.8% | -24.2% | -18.8% | -19.2% |
Non-recurring items [+] | | -0.3 | | 0.0 | |
Asset impairment | | -0.3 | | | |
Interest expense | 0.6 | | 1.3 | 0.1 | 0.2 |
Interest expense | 0.6 | | 1.3 | 0.1 | 0.2 |
Other income (expense), net [+] | 0.0 | -2.3 | -1.2 | 0.0 | 0.0 |
Impairment of investments | | | -0.5 | | |
Gain (loss) on debt retirement | -0.8 | | | | |
Gain (loss) on foreign currency transactions | | -0.4 | | | |
Other non-operating income | 0.1 | 0.0 | 0.1 | | |
Other | -0.1 | 0.0 | -0.1 | 0.0 | 0.0 |
Pre-tax income | -0.9 | -5.1 | -8.4 | -3.9 | -2.6 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Net income | -0.9 | -5.1 | -8.4 | -3.9 | -2.6 |
Net margin | -1.4% | -19.6% | -34.5% | -19.4% | -21.0% |
|
Basic EPS [+] | ($0.09) | ($1.06) | ($1.90) | ($0.16) | ($0.11) |
Growth | -91.8% | -44.1% | 1114.2% | 41.8% | |
Diluted EPS [+] | ($0.09) | ($1.06) | ($1.90) | ($0.16) | ($0.11) |
Growth | -91.8% | -44.1% | 1114.2% | 41.8% | |
|
Shares outstanding (basic) [+] | 10.0 | 4.8 | 4.4 | 24.8 | 23.3 |
Growth | 110.2% | 8.7% | -82.3% | 6.6% | |
Shares outstanding (diluted) [+] | 10.0 | 4.8 | 4.4 | 24.8 | 23.3 |
Growth | 110.2% | 8.7% | -82.3% | 6.6% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |