Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-05-18 | Dec-31-17 | Dec-05-17 |
| Revenues | 358.7 | 48.7 | 335.7 | 26.7 | 129.2 | 143.2 | 0.0 | 74.5 |
| Revenue growth | 637.2% | -85.5% | 1158.2% | -79.3% | | 92.3% | | |
| Cost of goods sold | 449.2 | 0.0 | 0.0 | 0.0 | 0.0 | 175.5 | 0.0 | 148.9 |
| Gross profit | -90.5 | 48.7 | 335.7 | 26.7 | 129.2 | -32.3 | 0.0 | -74.5 |
| Gross margin | -25.2% | 100.0% | 100.0% | 100.0% | 100.0% | -22.6% | | -100.0% |
| Research and development | | 265.4 | 212.6 | 193.4 | 143.2 | | 74.5 | |
| General and administrative | 90.5 | 79.1 | 60.3 | 46.5 | 32.3 | 32.3 | 15.7 | 15.7 |
| EBIT | -340.7 | -295.8 | 62.7 | -213.2 | -46.4 | -46.4 | -90.1 | -90.1 |
| EBIT margin | -95.0% | -607.8% | 18.7% | -799.1% | -35.9% | -32.4% | | -121.1% |
| Pre-tax income | -326.0 | -290.6 | 71.1 | -197.6 | -36.2 | -36.2 | -88.2 | 0.0 |
| Income taxes | 0.0 | 0.6 | -0.8 | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 |
| Tax rate | | | | | 0.0% | 0.0% | 0.0% | |
| Net income | -326.0 | -291.2 | 72.0 | -198.0 | -36.2 | -36.2 | -88.2 | -88.2 |
| Net margin | -90.9% | -598.3% | 21.4% | -742.1% | -28.1% | -25.3% | | -118.4% |
| |
| Diluted EPS | ($2.60) | ($2.40) | $0.64 | ($2.07) | ($0.39) | ($0.39) | ($5.89) | ($5.89) |
| Shares outstanding (diluted) | 125.5 | 121.5 | 112.7 | 95.6 | 92.6 | 92.6 | 15.0 | 15.0 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|