Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.22.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Total revenues $ 163.2 $ 166.2
Cost of revenues:    
Total cost of revenues 98.8 103.7
Gross profit 64.4 62.5
Operating expenses:    
Selling, general and administrative 90.9 60.4
Research and development 7.1 11.0
Total operating expenses 98.0 71.4
(Loss) income from operations (33.6) (8.9)
Other expense (income):    
Third party interest expense 7.9 10.9
Related party interest expense (Note 8) 0.0 32.2
Foreign currency loss (gain), net 1.5 (4.0)
Change in fair values of warrant liabilities (19.9) 0.0
Other expense (income), net 0.0 (0.2)
Loss before benefit from income taxes (23.1) (47.8)
Benefit from income taxes 4.1 7.1
Net loss (19.0) (40.7)
Loss attributable to noncontrolling interests (1.3)  
Net loss attributable to Mirion Technologies, Inc. (Successor) / Mirion Technologies (TopCo), Ltd. (Predecessor) stockholders $ (17.7) $ (40.7)
Net loss per common share attributable to Mirion Technologies, Inc. (Successor) / Mirion Technologies (TopCo), Ltd. (Predecessor) stockholders — basic (in dollars per share) $ (0.10) $ (6.18)
Net loss per common share attributable to Mirion Technologies, Inc. (Successor) / Mirion Technologies (TopCo), Ltd. (Predecessor) stockholders — diluted (in dollars per share) $ (0.10) $ (6.18)
Weighted average common shares outstanding — basic (in shares) 180,774,000 6,586,000
Weighted average common shares outstanding — diluted (in shares) 180,774,000 6,586,000
Product    
Revenues:    
Total revenues $ 116.9 $ 126.6
Cost of revenues:    
Total cost of revenues 74.8 82.8
Service    
Revenues:    
Total revenues 46.3 39.6
Cost of revenues:    
Total cost of revenues $ 24.0 $ 20.9