Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-05-22 | Dec-31-21 | Dec-05-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 |
| Revenues | 571.0 | 571.0 | 2,085.0 | 2,085.0 | 2,541.0 | 1,901.0 | 1,728.0 | |
| Revenue growth | -72.6% | -72.6% | -17.9% | | 33.7% | 10.0% | | |
| Cost of goods sold | 405.0 | 405.0 | 977.0 | 977.0 | 947.0 | 443.0 | 278.0 | |
| Gross profit | 166.0 | 166.0 | 1,108.0 | 1,108.0 | 1,594.0 | 1,458.0 | 1,450.0 | |
| Gross margin | 29.1% | 29.1% | 53.1% | 53.1% | 62.7% | 76.7% | 83.9% | |
| Sales and marketing | 254.0 | 254.0 | 1,102.0 | 1,102.0 | 1,708.0 | 1,463.0 | 1,576.0 | |
| Research and development | | 194.0 | | 208.0 | | 74.0 | 45.0 | |
| General and administrative | | 116.0 | | 165.0 | | 65.0 | 52.0 | |
| EBIT | 7.0 | -398.0 | 610.0 | -367.0 | 316.0 | -144.0 | -223.0 | |
| EBIT margin | 1.2% | -69.7% | 29.3% | -17.6% | 12.4% | -7.6% | -12.9% | |
| Pre-tax income | -383.0 | -383.0 | -351.0 | -351.0 | -743.0 | -128.0 | -208.0 | |
| Income taxes | 1.0 | 1.0 | 10.0 | 10.0 | 2.0 | 1.0 | 0.0 | |
| Tax rate | | | | | | | 0.0% | |
| Net income | -384.0 | -384.0 | -361.0 | -361.0 | -745.0 | -136.0 | -208.0 | |
| Net margin | -67.3% | -67.3% | -17.3% | -17.3% | -29.3% | -7.2% | -12.0% | |
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| Diluted EPS | ($0.57) | ($0.57) | ($0.57) | ($0.57) | ($5.87) | ($1.31) | ($2.02) | |
| Shares outstanding (diluted) | 672.0 | 672.0 | 629.0 | 629.0 | 127.0 | 104.0 | 103.0 | |
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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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