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 |
Revenues | 0.3 | 0.1 | -1.5 | -0.2 | 0.0 |
Revenue growth | 222.6% | -106.9% | 800.6% | -2933.3% | |
Cost of goods sold | 0.3 | 0.1 | -1.5 | -0.2 | 0.0 |
Gross profit | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross margin | 23.1% | 17.0% | 0.0% | 0.0% | 0.0% |
Selling, general and administrative | 106.4 | 42.4 | 22.3 | | |
Research and development | 423.9 | 286.9 | 21.1 | 7.0 | 1.9 |
General and administrative | | | | 3.6 | 1.5 |
EBITA | -524.9 | -329.2 | -43.3 | -10.6 | -3.4 |
EBITA margin | -153492.7% | -310600.0% | 2829.8% | 6228.2% | -56916.7% |
Amortization of intangibles | 5.3 | | | | |
EBIT | -530.2 | -329.2 | -43.3 | -10.6 | -3.4 |
EBIT margin | -155042.4% | -310600.0% | 2829.8% | 6228.2% | -56916.7% |
Pre-tax income | -547.3 | -471.3 | -130.0 | -10.9 | -3.4 |
Income taxes | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | | | 0.0% | 0.0% | 0.0% |
Net income | -547.5 | -471.3 | -130.0 | -10.9 | -4.7 |
Net margin | -160086.5% | -444661.3% | 8491.4% | 6399.4% | -77550.0% |
|
Diluted EPS | ($1.80) | ($1.61) | ($0.96) | ($0.10) | ($0.04) |
Shares outstanding (diluted) | 303.4 | 292.0 | 135.0 | 105.3 | 105.2 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|