Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
Revenues | 15.9 | 8.1 | 13.0 | 4.5 | 3.0 | 4.0 | 5.3 | 4.8 |
Revenue growth | 96.8% | -37.9% | 186.8% | 50.0% | -24.0% | -25.5% | 10.7% | 522.5% |
Cost of goods sold | -1.8 | 0.0 | -1.0 | 0.0 | 0.0 | 1.7 | 1.8 | 18.5 |
Gross profit | 17.7 | 8.1 | 14.0 | 4.5 | 3.0 | 2.3 | 3.5 | -13.7 |
Gross margin | 111.4% | 100.0% | 108.0% | 100.0% | 99.9% | 57.5% | 65.6% | -284.8% |
Selling, general and administrative | 6.2 | 6.7 | 5.8 | 4.1 | 2.5 | 3.9 | 7.0 | 8.7 |
EBIT | -1.9 | -14.5 | -10.2 | -9.0 | -4.6 | -5.7 | -8.3 | -16.8 |
EBIT margin | -11.8% | -179.8% | -78.8% | -199.1% | -153.3% | -142.6% | -156.0% | -348.2% |
Pre-tax income | -1.3 | -32.7 | -11.1 | 53.6 | -36.4 | -19.6 | -21.3 | -32.6 |
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 | 0.0 | 0.0 | -11.1 | 53.6 | -36.4 | -19.6 | -21.3 | -29.9 |
Net margin | 0.0% | 0.0% | -85.6% | 1185.2% | -1206.3% | -494.4% | -400.2% | -620.8% |
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Diluted EPS | $0.00 | $0.00 | ($0.22) | $4.74 | ($6.22) | ($4.02) | ($0.51) | ($1.06) |
Shares outstanding (diluted) | 79,963.2 | 72,209.6 | 51.2 | 11.3 | 5.8 | 4.9 | 41.5 | 28.2 |
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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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