STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $8.4M | $3.9M | $2.9M | $3.2M | |
| YoY % | — | -53.8% | -25.7% | +11.8% | |
| P / Sales | 110.3x | 261.8x | 313.3x | 658.0x | |
| EV / Sales | 100.7x | 237.7x | 331.7x | 623.0x | |
| Gross Profit, Adj. | $5.3M | $917,000 | $1.9M | $2.1M | |
| YoY % | — | -82.7% | +105.3% | +12.5% | |
| Margin % | 62.9% | 23.5% | 64.9% | 65.3% | |
| EV / Gross Profit | 160.2x | 1011.7x | 511.1x | 954.3x | |
| EBITDA, Adj. | $-128.0M | $-177.8M | $-174.2M | $-110.6M | |
| YoY % | — | -38.9% | +2.0% | +36.5% | |
| Margin % | -1516.0% | -4554.5% | -6006.5% | -3410.0% | |
| EV / EBITDA | -6.6x | -5.2x | -5.5x | -18.3x | |
| EBIT | $-132.2M | $-180.4M | $-177.0M | $-113.6M | |
| YoY % | — | -36.5% | +1.9% | +35.8% | |
| Margin % | -1565.9% | -4622.1% | -6099.7% | -3501.0% | |
| EV / EBIT | -6.4x | -5.1x | -5.4x | -17.8x | |
| Net Income | $-149.8M | $-199.4M | $-128.6M | $-105.9M | |
| YoY % | — | -33.1% | +35.5% | +17.7% | |
| Net Margin | -1775.0% | -5108.3% | -4433.7% | -3263.7% | |
| EPS (GAAP) | -$1.91 | -$1.95 | -$1.07 | -$0.79 | |
| YoY % | — | -2.1% | +45.1% | +26.2% |