In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 |
| 10-K | 10-K | 10-K |
Revenues | 0.0 | 0.0 | 0.0 |
Cost of goods sold | 0.0 | 0.0 | 0.0 |
Gross profit | 0.0 | 0.0 | 0.0 |
Selling, general and administrative [+] | 14.0 | 5.8 | 34.0 |
General and administrative | 14.0 | 5.8 | |
Research and development | 33.4 | 25.2 | |
Other operating expenses | | | 6.8 |
EBITDA [+] | -47.4 | -30.9 | |
EBITDA growth | 53.3% | -24.3% | |
Depreciation and amortization | 0.1 | 0.0 | |
EBIT [+] | -47.5 | -30.9 | -40.8 |
EBIT growth | 53.5% | -24.2% | |
Interest expense, net [+] | -0.7 | 0.0 | 0.0 |
Interest expense | | | 6.8 |
Interest income | 0.7 | 0.0 | 0.0 |
Other income (expense), net [+] | -0.1 | -5.1 | 6.8 |
Gain (loss) on derivative instruments | -0.1 | -5.1 | |
Change in fair value of warrants | | | 0.0 |
Pre-tax income | -46.8 | -36.0 | -40.8 |
Income taxes | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% |
Net income | -46.8 | -36.0 | -40.8 |
|
Basic EPS [+] | ($45.05) | ($40.95) | ($2.70) |
Growth | 10.0% | 1415.6% | |
Diluted EPS [+] | ($45.05) | ($40.95) | ($2.70) |
Growth | 10.0% | 1415.6% | |
|
Shares outstanding (basic) [+] | 1.0 | 0.9 | 15.1 |
Growth | 18.3% | -94.2% | |
Shares outstanding (diluted) [+] | 1.0 | 0.9 | 15.1 |
Growth | 18.3% | -94.2% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |