In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 |
| 10-K/A | 10-K/A | 10-K/A | S-1/A |
Revenues | -104.8 | 0.0 | 0.0 | 0.0 |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | -104.8 | 0.0 | 0.0 | 0.0 |
Gross margin | 100.0% | | | |
Selling, general and administrative [+] | 32.9 | 4.9 | 1.2 | 1.7 |
General and administrative | | | | 1.7 |
Research and development | 51.9 | 13.3 | 8.4 | 5.9 |
EBITDA [+] | -189.5 | | | |
EBITDA growth | 942.2% | 89.5% | 24.8% | |
EBITDA margin | 180.8% | | | |
Depreciation and amortization | 0.0 | | | |
EBIT [+] | -189.5 | -18.2 | -9.6 | -7.7 |
EBIT growth | 942.4% | 89.5% | 24.8% | |
EBIT margin | 180.9% | | | |
Other income (expense), net [+] | 16.4 | -0.1 | 0.0 | 0.0 |
Unrealized gain/loss on derivatives | 9.5 | | | |
Gain (loss) on foreign currency transactions | 6.8 | -0.1 | 0.0 | 0.0 |
Change in fair value of warrants | 9.5 | | | |
Pre-tax income | -173.1 | -18.3 | -9.6 | -7.7 |
Income taxes | 0.9 | 0.0 | 0.0 | 0.0 |
Tax rate | | 0.0% | 0.0% | 0.0% |
Net income | -174.0 | -18.3 | -9.6 | -7.7 |
Net margin | 166.1% | | | |
|
Basic EPS [+] | ($0.68) | ($0.08) | ($0.04) | |
Growth | 725.3% | 89.7% | | |
Diluted EPS [+] | ($0.68) | ($0.08) | ($0.04) | |
Growth | 725.3% | 89.7% | | |
|
Shares outstanding (basic) [+] | 254.1 | 220.0 | 220.0 | |
Growth | 15.5% | 0.0% | | |
Shares outstanding (diluted) [+] | 254.1 | 220.0 | 220.0 | |
Growth | 15.5% | 0.0% | | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |