STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $47.4M | $23.8M | $24.7M | $14.5M | $12.3M | |
| YoY % | +11.0% | -49.7% | +3.8% | -41.5% | -15.0% | |
| P / Sales | — | — | — | — | — | |
| EV / Sales | — | — | — | — | — | |
| Gross Profit, Adj. | $19.0M | $11.6M | $11.1M | $6.7M | $6.6M | |
| YoY % | -7.5% | -38.8% | -5.0% | -39.2% | -1.8% | |
| Margin % | 40.1% | 48.8% | 44.7% | 46.4% | 53.7% | |
| EV / Gross Profit | — | — | — | — | — | |
| EBITDA, Adj. | $-19.3M | $-31.5M | $-26.8M | $-15.9M | $-15.6M | |
| YoY % | -98.3% | -63.0% | +14.9% | +40.6% | +1.7% | |
| Margin % | -40.7% | -131.9% | -108.2% | -109.9% | -127.1% | |
| EV / EBITDA | — | — | — | — | — | |
| EBIT | $-23.0M | $-35.2M | $-30.5M | $-30.7M | $-26.9M | |
| YoY % | -69.4% | -52.8% | +13.3% | -0.6% | +12.4% | |
| Margin % | -48.6% | -147.5% | -123.4% | -212.3% | -218.9% | |
| EV / EBIT | — | — | — | — | — | |
| Net Income | $-24.8M | $-32.9M | $-37.7M | $-53.9M | $53.4M | |
| YoY % | +2.0% | -32.5% | -14.5% | -43.3% | +198.9% | |
| Net Margin | -52.4% | -137.9% | -152.2% | -372.9% | 434.2% | |
| EPS (GAAP) | -$2.38 | -$2.38 | -$2.07 | -$1.86 | $0.87 | |
| YoY % | +73.2% | — | +13.0% | +10.1% | +146.8% |