Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.23.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Total revenues $ 182.1 $ 163.2
Cost of revenues:    
Total cost of revenues 103.0 98.8
Gross profit 79.1 64.4
Operating expenses:    
Selling, general and administrative 85.1 90.9
Research and development 7.6 7.1
Total operating expenses 92.7 98.0
Loss from operations (13.6) (33.6)
Other expense (income):    
Third party interest expense 14.9 7.9
Loss on debt extinguishment 2.6 0.0
Foreign currency (gain) loss, net (0.3) 1.5
Increase (decrease) in fair value of warrant liabilities 13.4 (19.9)
Other income, net (0.2) 0.0
Loss before income taxes (44.0) (23.1)
Benefit from income taxes (1.1) (4.1)
Net loss (42.9) (19.0)
Loss attributable to noncontrolling interests (1.0) (1.3)
Net loss attributable to Mirion Technologies, Inc. $ (41.9) $ (17.7)
Net loss per common share attributable to Mirion Technologies, Inc. stockholders — basic (in dollars per share) $ (0.22) $ (0.10)
Net loss per common share attributable to Mirion Technologies, Inc. stockholders — diluted (in dollars per share) $ (0.22) $ (0.10)
Weighted average common shares outstanding — basic (in shares) 187,701 180,774
Weighted average common shares outstanding — diluted (in shares) 187,701 180,774
Product    
Revenues:    
Total revenues $ 132.4 $ 116.9
Cost of revenues:    
Total cost of revenues 76.8 74.8
Service    
Revenues:    
Total revenues 49.7 46.3
Cost of revenues:    
Total cost of revenues $ 26.2 $ 24.0