STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $46.5M | $33.9M | $30.8M | $26.6M | |
| YoY % | — | -27.1% | -9.4% | -13.5% | |
| P / Sales | 7.0x | 0.5x | 1.3x | 0.6x | |
| EV / Sales | 7.6x | 1.6x | 2.1x | 0.8x | |
| Gross Profit, Adj. | $2.7M | $2.6M | $4.5M | $6.8M | |
| YoY % | — | -5.3% | +74.7% | +51.3% | |
| Margin % | 5.9% | 7.6% | 14.7% | 25.6% | |
| EV / Gross Profit | 129.1x | 20.4x | 14.6x | 3.1x | |
| EBITDA, Adj. | $-30.1M | $-23.9M | $-12.2M | $-7.6M | |
| YoY % | — | +20.6% | +49.1% | +37.7% | |
| Margin % | -64.6% | -70.4% | -39.6% | -28.5% | |
| EV / EBITDA | -11.7x | -2.2x | -5.4x | -2.8x | |
| EBIT | $-33.1M | $-63.0M | $-14.6M | $-8.8M | |
| YoY % | — | -90.0% | +76.8% | +39.8% | |
| Margin % | -71.2% | -185.5% | -47.4% | -33.0% | |
| EV / EBIT | -10.6x | -0.8x | -4.5x | -2.4x | |
| Net Income | $-33.8M | $-80.2M | $-24.2M | $-9.0M | |
| YoY % | — | -137.5% | +69.8% | +62.9% | |
| Net Margin | -72.6% | -236.4% | -78.8% | -33.8% | |
| EPS (GAAP) | -$3.64 | -$7.22 | -$2.03 | -$0.42 | |
| YoY % | — | -98.4% | +71.9% | +79.3% |