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Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20
Revenues59.80.00.0
Cost of goods sold125.40.00.0
Gross profit-65.60.00.0
            Gross margin-109.8%  
Research and development 158.7120.9
General and administrative65.636.914.0
EBIT-125.4-195.6-134.9
            EBIT margin-209.8%  
Pre-tax income-110.6-195.8-139.6
Income taxes-0.30.50.0
            Tax rate0.3%  
Net income-110.3-195.8-139.6
            Net margin-184.6%  
 
Diluted EPS ($5.69)($11.58)
Shares outstanding (diluted) 34.412.1
 
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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