STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $181.3M | $168.5M | $124.1M | $95.8M | $75.3M | |
| YoY % | -21.0% | -7.1% | -26.3% | -22.8% | -21.5% | |
| P / Sales | — | — | — | — | — | |
| EV / Sales | — | — | — | — | — | |
| Gross Profit, Adj. | $31.9M | $29.2M | $21.9M | $19.7M | $17.1M | |
| YoY % | -24.2% | -8.3% | -25.0% | -10.0% | -13.2% | |
| Margin % | 17.6% | 17.3% | 17.7% | 20.6% | 22.7% | |
| EV / Gross Profit | — | — | — | — | — | |
| EBITDA, Adj. | $-118.5M | $-80.7M | $-11.2M | $-26.1M | $-12.3M | |
| YoY % | +11.1% | +31.9% | +86.1% | -133.1% | +52.9% | |
| Margin % | -65.4% | -47.9% | -9.0% | -27.3% | -16.4% | |
| EV / EBITDA | — | — | — | — | — | |
| EBIT | $-122.3M | $-83.8M | $-13.6M | $-28.9M | $-14.8M | |
| YoY % | +11.3% | +31.5% | +83.8% | -111.9% | +48.9% | |
| Margin % | -67.5% | -49.7% | -11.0% | -30.1% | -19.6% | |
| EV / EBIT | — | — | — | — | — | |
| Net Income | $-119.7M | $-98.4M | $-13.3M | $-28.4M | $-15.6M | |
| YoY % | +12.4% | +17.9% | +86.5% | -113.9% | +45.1% | |
| Net Margin | -66.1% | -58.4% | -10.7% | -29.6% | -20.7% | |
| EPS (GAAP) | -$17.49 | -$10.52 | -$1.00 | -$2.04 | -$1.05 | |
| YoY % | +28.1% | +39.9% | +90.5% | -104.0% | +48.5% |