Year Ending Dec 2023 (Update) Year Ending Dec 2022 (Update) Year Ending Dec 2021 (Update)
Net Sales 1.19 -- --
Revenue 1.19 -- --
Total Revenue 1.19 0.00 0.00
Cost of Revenue 10.76 -- --
Cost of Revenue, Total 10.76 -- --
Gross Profit -9.57 -- --
Selling/General/Administrative Expense 79.22 70.32 54.73
Labor & Related Expense 27.70 33.78 28.93
Selling/General/Administrative Expenses, Total 106.92 104.10 83.66
Research & Development 344.08 294.78 259.04
Other Operating Expense -- -- --
Other Operating Expenses, Total -- -- --
Total Operating Expense 461.75 398.88 342.70
Operating Income -460.56 -398.88 -342.70
Interest Income, Non-Operating 13.04 2.99 0.45
Investment Income, Non-Operating -- -- --
Interest/Investment Income, Non-Operating 13.04 2.99 0.45
Interest Income (Expense), Net-Non-Operating, Total 13.04 2.99 0.45
Net Income Before Taxes -447.52 -395.89 -342.25
Income Tax – Total -3.48 -- --
Income After Tax -444.04 -395.89 -342.25
Net Income Before Extraordinary Items -444.04 -395.89 -342.25
Net Income -444.04 -395.89 -342.25
Preferred Dividends -- -- --
Total Adjustments to Net Income -- -- --
Income Available to Common Excluding Extraordinary Items -444.04 -395.89 -342.25
Income Available to Common Stocks Including Extraordinary Items -444.04 -395.89 -342.25
Basic Weighted Average Shares 235.13 159.26 153.41
Basic EPS Excluding Extraordinary Items -1.89 -2.49 -2.23
Basic EPS Including Extraordinary Items -1.89 -2.49 -2.23
Dilution Adjustment -- -- --
Diluted Net Income -444.04 -395.89 -342.25
Diluted Weighted Average Shares 235.13 159.26 153.41
Diluted EPS Excluding Extraordinary Items -1.89 -2.49 -2.23
Diluted EPS Including Extraordinary Items -1.89 -2.49 -2.23
DPS - Common Stock Primary Issue -- -- --
Gross Dividends - Common Stock 0.00 0.00 0.00
Litigation Charge, Supplemental -- -- --
Non-Recurring Items, Total -- -- --
Total Special Items -- -- --
Normalized Income Before Taxes -447.52 -395.89 -342.25
Effect of Special Items on Income Taxes -- -- --
Income Taxes Excluding Impact of Special Items -3.48 -- --
Normalized Income After Taxes -444.04 -395.89 -342.25
Normalized Income Available to Common -444.04 -395.89 -342.25
Basic Normalized EPS -1.89 -2.49 -2.23
Diluted Normalized EPS -1.89 -2.49 -2.23
Amortization of Intangibles, Supplemental 9.85 -- --
Depreciation, Supplemental 11.60 9.31 3.11
Rental Expense, Supplemental 17.79 17.66 15.34
Stock-Based Compensation, Supplemental 62.63 84.02 69.77
Research & Development Expense, Supplemental 344.08 294.78 259.04
Audit-Related Fees, Supplemental 2.35 1.49 0.96
Audit-Related Fees 0.71 0.06 --
Tax Fees, Supplemental 0.00 0.00 --
All Other Fees Paid to Auditor, Supplemental -- -- --
Gross Margin -804.54 -- --
Operating Margin -38,734.99 -- --
Pretax Margin -37,638.02 -- --
Net Profit Margin -37,345.42 -- --
Normalized EBIT -460.56 -398.88 -342.70
Normalized EBITDA -439.11 -389.57 -339.59
Defined Contribution Expense - Domestic 4.10 3.00 2.20
Total Pension Expense 4.10 3.00 2.20

In millions of USD (except for per share items)

For a more complete picture of our financial results, please review our SEC Filings

Source: LSEG