STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|
| Sales, Adj. | $53.5M | $32.1M | $15.2M | |
| YoY % | — | -39.9% | -52.6% | |
| P / Sales | 2.3x | 0.8x | 0.6x | |
| EV / Sales | 4.3x | 3.7x | 6.4x | |
| Gross Profit, Adj. | $41.5M | $21.5M | $9.6M | |
| YoY % | — | -48.2% | -55.5% | |
| Margin % | 77.6% | 67.0% | 62.8% | |
| EV / Gross Profit | 5.6x | 5.6x | 10.1x | |
| EBITDA, Adj. | $-78.3M | $-49.2M | $-29.2M | |
| YoY % | — | +37.2% | +40.7% | |
| Margin % | -146.5% | -153.2% | -191.6% | |
| EV / EBITDA | -2.9x | -2.4x | -3.3x | |
| EBIT | $-79.1M | $-50.2M | $-30.2M | |
| YoY % | — | +36.5% | +39.9% | |
| Margin % | -147.9% | -156.3% | -198.0% | |
| EV / EBIT | -2.9x | -2.4x | -3.2x | |
| Net Income | $-84.5M | $-7.2M | $-28.8M | |
| YoY % | — | +91.5% | -299.5% | |
| Net Margin | -158.1% | -22.4% | -188.8% | |
| EPS (GAAP) | -$59.38 | -$3.20 | -$3.81 | |
| YoY % | — | +94.6% | -19.1% |