Overview Financials News + Filings Key Docs Ownership Insiders
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Recent News + Filings (All items)
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Revenue Mix by Segment
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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 | 31.1 | 45.8 | 33.2 | 21.4 | 19.4 |
| Revenue growth | -32.1% | 37.9% | 55.3% | 10.4% | |
| Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Gross profit | 31.1 | 45.8 | 33.2 | 21.4 | 19.4 |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and development | 117.8 | 94.7 | 78.4 | 48.1 | 28.6 |
| General and administrative | 42.8 | 33.3 | 15.2 | 8.8 | 7.2 |
| EBIT | -129.5 | -82.1 | -60.4 | -35.5 | -16.4 |
| EBIT margin | -416.6% | -179.4% | -182.1% | -165.8% | -84.6% |
| Pre-tax income | -128.2 | -83.9 | -67.0 | -33.3 | -15.7 |
| Income taxes | 0.0 | 0.0 | -0.6 | 0.8 | 0.0 |
| Tax rate | 0.0% | 0.0% | 0.9% | | 0.0% |
| Net income | -128.2 | -83.9 | -66.3 | -34.1 | -15.7 |
| Net margin | -412.2% | -183.2% | -199.8% | -159.5% | -81.1% |
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| Diluted EPS | ($2.62) | ($1.82) | ($5.83) | ($24.86) | ($0.01) |
| Shares outstanding (diluted) | 48.9 | 46.0 | 11.4 | 1.4 | 1,293.1 |
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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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