Financial Summary (All financials)
| In millions, except per share items | Mar-31-23 | Mar-31-22 |
| Revenues | 23.4 | 16.4 |
| Revenue growth | 42.5% | |
| Cost of goods sold | 15.4 | 11.5 |
| Gross profit | 8.1 | 4.9 |
| Gross margin | 34.4% | 30.1% |
| Selling, general and administrative | 16.7 | 15.1 |
| Sales and marketing | 5.0 | 4.2 |
| EBIT | -8.6 | -10.2 |
| EBIT margin | -36.8% | -61.9% |
| Pre-tax income | -10.4 | -12.2 |
| Income taxes | -0.1 | 0.0 |
| Tax rate | 1.2% | 0.0% |
| Net income | -10.3 | -12.2 |
| Net margin | -44.0% | -74.0% |
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| Diluted EPS | ($2.16) | ($4.34) |
| Shares outstanding (diluted) | 4.8 | 2.8 |
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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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