STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $97.3M | $90.0M | $70.4M | $59.5M | $58.8M | |
| YoY % | — | -7.5% | -21.8% | -15.4% | -1.3% | |
| P / Sales | 6.0x | 0.1x | 0.6x | 0.3x | 0.4x | |
| EV / Sales | 6.5x | 2.3x | 2.2x | 2.2x | 1.8x | |
| Gross Profit, Adj. | $68.9M | $28.4M | $19.4M | $18.4M | $9.0M | |
| YoY % | — | -58.8% | -31.8% | -4.9% | -51.1% | |
| Margin % | 70.8% | 31.6% | 27.5% | 30.9% | 15.3% | |
| EV / Gross Profit | 9.2x | 7.3x | 8.0x | 7.0x | 11.4x | |
| EBITDA, Adj. | $41.3M | $-23.5M | $-9.2M | $1.2M | $-3.4M | |
| YoY % | — | -157.0% | +60.9% | +112.6% | -394.4% | |
| Margin % | 42.4% | -26.1% | -13.1% | 1.9% | -5.8% | |
| EV / EBITDA | 15.4x | -8.8x | -16.8x | 111.2x | -30.3x | |
| EBIT | $32.8M | $-234.9M | $-26.8M | $-13.8M | $-15.6M | |
| YoY % | — | -816.6% | +88.6% | +48.5% | -12.7% | |
| Margin % | 33.7% | -261.1% | -38.1% | -23.2% | -26.5% | |
| EV / EBIT | 19.3x | -0.9x | -5.8x | -9.3x | -6.6x | |
| Net Income | $-45.1M | $-271.1M | $-29.5M | $-19.8M | $5.3M | |
| YoY % | — | -500.7% | +89.1% | +33.0% | +126.7% | |
| Net Margin | -46.4% | -301.3% | -41.9% | -33.2% | 9.0% | |
| EPS (GAAP) | -$12.30 | -$63.97 | -$4.43 | -$1.88 | $0.34 | |
| YoY % | — | -420.1% | +93.1% | +57.6% | +118.1% |