STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $20.3M | $28.4M | $25.9M | $19.1M | $20.8M | |
| YoY % | +31.9% | +40.0% | -8.6% | -26.4% | +8.7% | |
| P / Sales | 1.7x | 0.7x | 0.7x | 0.3x | 0.4x | |
| EV / Sales | 3.1x | 3.3x | 3.2x | 3.6x | 2.9x | |
| Gross Profit, Adj. | $3.5M | $-4.6M | $543,000 | $19.1M | $20.8M | |
| YoY % | -20.8% | -233.6% | +111.8% | +3416.9% | +8.7% | |
| Margin % | 17.0% | -16.2% | 2.1% | 100.0% | 100.0% | |
| EV / Gross Profit | 18.1x | -20.6x | 150.6x | 3.6x | 2.9x | |
| EBITDA, Adj. | $-19.2M | $-17.8M | $-45.6M | $-40.4M | $-11.5M | |
| YoY % | -85.4% | +7.3% | -156.0% | +11.4% | +71.4% | |
| Margin % | -94.7% | -62.7% | -175.7% | -211.3% | -55.6% | |
| EV / EBITDA | -3.3x | -5.3x | -1.8x | -1.7x | -5.3x | |
| EBIT | $-23.5M | $-38.7M | $-50.8M | $-42.6M | $-14.4M | |
| YoY % | -105.9% | -64.6% | -31.1% | +16.1% | +66.1% | |
| Margin % | -116.0% | -136.4% | -195.8% | -223.1% | -69.5% | |
| EV / EBIT | -2.7x | -2.4x | -1.6x | -1.6x | -4.2x | |
| Net Income | $-33.1M | $-59.8M | $-60.6M | $-46.9M | $-23.9M | |
| YoY % | -1844.0% | -80.7% | -1.3% | +22.6% | +49.0% | |
| Net Margin | -163.3% | -210.8% | -233.8% | -245.6% | -115.3% | |
| EPS (GAAP) | -$12.80 | -$10.73 | -$8.67 | -$6.63 | -$2.66 | |
| YoY % | -306.5% | +16.2% | +19.2% | +23.5% | +59.9% |