STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $17.8M | $14.8M | $9.2M | $9.4M | $9.5M | |
| YoY % | -78.1% | -16.7% | -38.3% | +2.5% | +0.8% | |
| P / Sales | — | — | — | — | — | |
| EV / Sales | — | — | — | — | — | |
| Gross Profit, Adj. | $2.4M | $284,000 | $2.5M | $5.0M | $5.2M | |
| YoY % | -89.1% | -88.3% | +778.2% | +100.0% | +4.0% | |
| Margin % | 13.6% | 1.9% | 27.2% | 53.1% | 54.8% | |
| EV / Gross Profit | — | — | — | — | — | |
| EBITDA, Adj. | $-8.3M | $-8.6M | $-4.0M | $-706,000 | $189,000 | |
| YoY % | +4.3% | -4.3% | +53.3% | +82.4% | +126.8% | |
| Margin % | -46.3% | -58.0% | -43.9% | -7.5% | 2.0% | |
| EV / EBITDA | — | — | — | — | — | |
| EBIT | $-8.6M | $-9.5M | $-4.3M | $-722,000 | $112,000 | |
| YoY % | +54.8% | -9.9% | +54.6% | +83.2% | +115.5% | |
| Margin % | -48.5% | -63.9% | -47.0% | -7.7% | 1.2% | |
| EV / EBIT | — | — | — | — | — | |
| Net Income | $-6.7M | $-14.1M | $-3.2M | $309,000 | $1.4M | |
| YoY % | +30.4% | -110.4% | +77.4% | +109.7% | +339.8% | |
| Net Margin | -37.5% | -94.8% | -34.7% | 3.3% | 14.4% | |
| EPS (GAAP) | -$0.14 | -$0.29 | -$0.06 | $0.01 | $0.02 | |
| YoY % | +93.6% | -107.1% | +79.3% | +116.7% | +100.0% |