Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 |
Revenues | 145.9 | 2.8 |
Revenue growth | 5204.6% | |
Cost of goods sold | 86.6 | 1.2 |
Gross profit | 59.3 | 1.5 |
Gross margin | 40.6% | 54.6% |
Selling, general and administrative | | 2.8 |
Sales and marketing | 12.6 | |
Research and development | 50.1 | |
General and administrative | 56.9 | |
EBIT | -80.8 | 1.5 |
EBIT margin | -55.4% | 54.6% |
Pre-tax income | -77.9 | -3.3 |
Income taxes | 0.4 | 0.0 |
Tax rate | | 0.0% |
Net income | -78.3 | -3.3 |
Net margin | -53.7% | -121.4% |
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Diluted EPS | | ($0.10) |
Shares outstanding (diluted) | | 32.8 |
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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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