STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $37.0M | $54.9M | $50.3M | $95.2M | |
| YoY % | — | +48.6% | -8.3% | +89.1% | |
| P / Sales | 19.4x | 8.3x | 3.5x | 10.3x | |
| EV / Sales | 26.4x | 13.6x | 9.3x | 13.4x | |
| Gross Profit, Adj. | $3.6M | $-5.1M | $-15.7M | $11.5M | |
| YoY % | — | -244.1% | -205.7% | +173.2% | |
| Margin % | 9.7% | -9.4% | -31.2% | 12.1% | |
| EV / Gross Profit | 273.4x | -145.3x | -29.9x | 110.7x | |
| EBITDA, Adj. | $-52.7M | $-92.2M | $-85.9M | $-94.9M | |
| YoY % | — | -75.1% | +6.9% | -10.5% | |
| Margin % | -142.5% | -168.0% | -170.6% | -99.7% | |
| EV / EBITDA | -18.5x | -8.1x | -5.5x | -13.4x | |
| EBIT | $-58.9M | $-101.0M | $-89.1M | $-124.4M | |
| YoY % | — | -71.5% | +11.8% | -39.6% | |
| Margin % | -159.3% | -183.9% | -177.0% | -130.7% | |
| EV / EBIT | -16.6x | -7.4x | -5.3x | -10.2x | |
| Net Income | $-79.2M | $-89.7M | $-121.5M | $-198.8M | |
| YoY % | — | -13.2% | -35.6% | -63.6% | |
| Net Margin | -214.3% | -163.3% | -241.4% | -208.9% | |
| EPS (GAAP) | -$0.33 | -$0.33 | -$0.34 | -$0.30 | |
| YoY % | — | — | -3.0% | +11.8% |