STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $235.3M | $140.7M | $46.8M | $29.6M | $6.4M | |
| YoY % | +33.5% | -40.2% | -66.7% | -36.7% | -78.3% | |
| P / Sales | — | — | — | — | — | |
| EV / Sales | — | — | — | — | — | |
| Gross Profit, Adj. | $222.4M | $120.5M | $42.8M | $14.1M | $5.9M | |
| YoY % | +32.8% | -45.8% | -64.4% | -67.2% | -58.2% | |
| Margin % | 94.5% | 85.6% | 91.5% | 47.5% | 91.4% | |
| EV / Gross Profit | — | — | — | — | — | |
| EBITDA, Adj. | $-278.4M | $-291.0M | $-300.2M | $-128.3M | $-44.6M | |
| YoY % | -63.9% | -4.5% | -3.2% | +57.3% | +65.2% | |
| Margin % | -118.3% | -206.8% | -641.4% | -433.2% | -693.0% | |
| EV / EBITDA | — | — | — | — | — | |
| EBIT | $-288.5M | $-301.0M | $-322.7M | $-150.4M | $-45.9M | |
| YoY % | -50.4% | -4.3% | -7.2% | +53.4% | +69.5% | |
| Margin % | -122.6% | -213.9% | -689.5% | -507.8% | -712.7% | |
| EV / EBIT | — | — | — | — | — | |
| Net Income | $-290.0M | $-293.7M | $-284.2M | $-47.6M | $183.5M | |
| YoY % | -53.2% | -1.3% | +3.2% | +83.3% | +485.6% | |
| Net Margin | -123.3% | -208.7% | -607.3% | -160.6% | 2848.6% | |
| EPS (GAAP) | -$78.50 | -$78.50 | -$73.00 | -$11.89 | $45.37 | |
| YoY % | -48.8% | — | +7.0% | +83.7% | +481.6% |