STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $28.1M | $41.3M | $27.5M | $45.0M | |
| YoY % | — | +47.1% | -33.3% | +63.4% | |
| P / Sales | 0.7x | 0.5x | 0.8x | 0.6x | |
| EV / Sales | 1.2x | 1.5x | 2.8x | 1.4x | |
| Gross Profit, Adj. | $9.7M | $10.1M | $9.5M | $19.5M | |
| YoY % | — | +4.6% | -6.4% | +106.4% | |
| Margin % | 34.4% | 24.5% | 34.3% | 43.4% | |
| EV / Gross Profit | 3.4x | 6.2x | 8.2x | 3.3x | |
| EBITDA, Adj. | $-15.2M | $-14.5M | $-18.4M | $-11.6M | |
| YoY % | — | +4.7% | -26.5% | +36.9% | |
| Margin % | -54.3% | -35.2% | -66.7% | -25.7% | |
| EV / EBITDA | -2.2x | -4.3x | -4.2x | -5.6x | |
| EBIT | $-18.2M | $-25.4M | $-34.4M | $-25.2M | |
| YoY % | — | -39.1% | -35.4% | +26.6% | |
| Margin % | -65.0% | -61.5% | -124.8% | -56.1% | |
| EV / EBIT | -1.8x | -2.5x | -2.3x | -2.5x | |
| Net Income | $-18.1M | $-31.3M | $-48.8M | $-40.1M | |
| YoY % | — | -72.6% | -55.8% | +17.7% | |
| Net Margin | -64.5% | -75.7% | -177.0% | -89.1% | |
| EPS (GAAP) | -$3.26 | -$2.81 | -$1.75 | -$0.61 | |
| YoY % | — | +13.8% | +37.7% | +65.1% |