Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 |
Revenues | 0.3 | -0.1 |
Revenue growth | -539.1% | |
Cost of goods sold | 3.1 | 0.6 |
Gross profit | -2.8 | -0.6 |
Gross margin | -941.8% | 913.7% |
Selling, general and administrative | 0.3 | 0.1 |
EBIT | -3.1 | -0.7 |
EBIT margin | -1041.8% | 1023.5% |
Pre-tax income | -0.5 | -0.7 |
Income taxes | 0.5 | 0.0 |
Tax rate | | 0.0% |
Net income | -0.9 | -0.7 |
Net margin | -306.9% | 998.2% |
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Diluted EPS | ($0.04) | ($0.09) |
Shares outstanding (diluted) | 20.6 | 7.5 |
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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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