Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 |
Revenues | 1.4 | 1.0 |
Revenue growth | 39.5% | |
Cost of goods sold | 3.8 | 1.1 |
Gross profit | -2.4 | -0.1 |
Gross margin | -173.8% | -14.3% |
Sales and marketing | 0.5 | |
General and administrative | 5.8 | 2.9 |
EBIT | -11.4 | -3.5 |
EBIT margin | -816.5% | -353.3% |
Pre-tax income | -8.1 | -3.0 |
Income taxes | 0.1 | 0.1 |
Net income | -7.7 | -3.1 |
Net margin | -552.3% | -314.4% |
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Diluted EPS | ($2.25) | ($7.64) |
Shares outstanding (diluted) | 3.4 | 0.4 |
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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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