Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 |
Revenues | 4.3 | 1.8 |
Revenue growth | 137.3% | |
Cost of goods sold | 3.6 | 1.5 |
Gross profit | 0.7 | 0.3 |
Gross margin | 15.8% | 16.3% |
Sales and marketing | 0.2 | 0.0 |
General and administrative | 3.1 | 2.3 |
EBIT | -2.6 | -2.0 |
EBIT margin | -61.4% | -112.9% |
Pre-tax income | -2.4 | -2.0 |
Income taxes | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% |
Net income | -2.4 | -2.0 |
Net margin | -56.8% | -111.8% |
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Diluted EPS | ($0.29) | ($0.30) |
Shares outstanding (diluted) | 8.5 | 6.7 |
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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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