STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $2.2M | $3.5M | $1.5M | $768,000 | $1.0M | |
| YoY % | — | +56.4% | -58.2% | -47.8% | +33.6% | |
| P / Sales | 91.1x | 63.3x | 112.2x | 196.0x | 128.1x | |
| EV / Sales | 57.6x | 50.9x | 98.5x | 228.3x | 157.6x | |
| Gross Profit, Adj. | $809,000 | $2.2M | $-38,000 | $-785,000 | $-802,000 | |
| YoY % | — | +176.1% | -101.7% | -1965.8% | -2.2% | |
| Margin % | 36.0% | 63.5% | -2.6% | -102.2% | -78.2% | |
| EV / Gross Profit | 160.2x | 80.1x | -3810.7x | -223.4x | -201.6x | |
| EBITDA, Adj. | $-32.9M | $-47.3M | $-46.3M | $-49.1M | $-47.7M | |
| YoY % | — | -43.5% | +2.0% | -5.9% | +2.9% | |
| Margin % | -1464.5% | -1343.5% | -3151.6% | -6389.1% | -4645.9% | |
| EV / EBITDA | -3.9x | -3.8x | -3.1x | -3.6x | -3.4x | |
| EBIT | $-33.3M | $-47.7M | $-46.9M | $-49.7M | $-48.2M | |
| YoY % | — | -43.4% | +1.8% | -5.9% | +2.9% | |
| Margin % | -1479.7% | -1357.2% | -3189.5% | -6465.2% | -4698.3% | |
| EV / EBIT | -3.9x | -3.7x | -3.1x | -3.5x | -3.4x | |
| Net Income | $-58.1M | $-40.5M | $-43.5M | $-49.3M | $-46.4M | |
| YoY % | — | +30.3% | -7.4% | -13.4% | +5.9% | |
| Net Margin | -2583.0% | -1151.4% | -2959.2% | -6421.5% | -4524.5% | |
| EPS (GAAP) | -$2.64 | -$0.66 | -$0.61 | -$0.61 | -$0.42 | |
| YoY % | — | +75.0% | +7.6% | — | +31.1% |