Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 |
Revenues | 1.6 | 1.2 |
Revenue growth | 37.0% | |
Cost of goods sold | 1.0 | 0.7 |
Gross profit | 0.6 | 0.4 |
Gross margin | 38.8% | 37.3% |
Selling, general and administrative | 0.7 | 0.4 |
Research and development | 1.0 | 1.1 |
EBIT | -1.8 | -1.8 |
EBIT margin | -110.3% | -149.8% |
Pre-tax income | -3.1 | -2.4 |
Income taxes | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% |
Net income | -3.1 | -2.4 |
Net margin | -193.0% | -205.8% |
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Diluted EPS | ($0.81) | ($0.64) |
Shares outstanding (diluted) | 3.8 | 3.8 |
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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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