STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $6.8M | $29.8M | $31.2M | $18.7M | $7.8M | |
| YoY % | +4.3% | +340.1% | +5.0% | -40.1% | -58.2% | |
| P / Sales | 122.0x | 33.0x | 2.3x | 10.2x | 47.1x | |
| EV / Sales | 125.9x | 33.4x | 2.4x | 12.4x | 51.9x | |
| Gross Profit, Adj. | $2.0M | $25.7M | $27.8M | $15.9M | $5.7M | |
| YoY % | +51.8% | +1156.3% | +8.2% | -42.8% | -64.0% | |
| Margin % | 30.3% | 86.5% | 89.0% | 85.1% | 73.3% | |
| EV / Gross Profit | 415.7x | 38.7x | 2.6x | 14.6x | 70.9x | |
| EBITDA, Adj. | $-64.5M | $-84.4M | $-123.4M | $-138.6M | $-73.6M | |
| YoY % | -36.6% | -30.9% | -46.3% | -12.3% | +46.9% | |
| Margin % | -953.4% | -283.5% | -394.9% | -740.5% | -940.7% | |
| EV / EBITDA | -13.2x | -11.8x | -0.6x | -1.7x | -5.5x | |
| EBIT | $-89.7M | $-89.9M | $-97.4M | $-141.9M | $-76.4M | |
| YoY % | -76.2% | -0.1% | -8.4% | -45.8% | +46.2% | |
| Margin % | -1327.1% | -302.0% | -311.6% | -758.2% | -975.9% | |
| EV / EBIT | -9.5x | -11.1x | -0.8x | -1.6x | -5.3x | |
| Net Income | $-90.9M | $-86.9M | $-88.5M | $-132.1M | $-64.9M | |
| YoY % | -78.1% | +4.4% | -1.8% | -49.3% | +50.8% | |
| Net Margin | -1344.0% | -292.1% | -283.1% | -705.5% | -829.6% | |
| EPS (GAAP) | -$1.60 | -$1.33 | -$1.27 | -$1.71 | -$0.53 | |
| YoY % | -33.3% | +16.9% | +4.5% | -34.6% | +69.0% |