STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $86.3M | $64.4M | $50.6M | $58.6M | |
| YoY % | — | -25.3% | -21.3% | +15.8% | |
| P / Sales | 5.4x | 4.9x | 0.4x | 0.3x | |
| EV / Sales | 6.1x | 5.4x | 2.0x | 0.8x | |
| Gross Profit, Adj. | $23.6M | $15.4M | $11.6M | $15.6M | |
| YoY % | — | -34.6% | -24.7% | +34.6% | |
| Margin % | 27.4% | 24.0% | 23.0% | 26.7% | |
| EV / Gross Profit | 22.2x | 22.5x | 8.5x | 3.1x | |
| EBITDA, Adj. | $-33.5M | $-26.2M | $-24.4M | $-18.3M | |
| YoY % | — | +21.8% | +6.9% | +25.1% | |
| Margin % | -38.8% | -40.7% | -48.2% | -31.2% | |
| EV / EBITDA | -15.7x | -13.3x | -4.1x | -2.7x | |
| EBIT | $-34.4M | $-27.4M | $-25.8M | $-23.2M | |
| YoY % | — | +20.2% | +6.1% | +10.0% | |
| Margin % | -39.9% | -42.6% | -50.9% | -39.5% | |
| EV / EBIT | -15.3x | -12.7x | -3.8x | -2.1x | |
| Net Income | $-40.0M | $-13.8M | $-40.6M | $-70.8M | |
| YoY % | — | +65.4% | -193.9% | -74.3% | |
| Net Margin | -46.4% | -21.5% | -80.2% | -120.8% | |
| EPS (GAAP) | -$93.60 | -$2.36 | -$59.15 | -$14.80 | |
| YoY % | — | +97.5% | -2406.4% | +75.0% |