STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $638,000 | $19.5M | $27.6M | $38.1M | $48.4M | |
| YoY % | — | +2952.4% | +41.5% | +38.4% | +26.8% | |
| P / Sales | 534.7x | 6.3x | 0.6x | 0.5x | 0.7x | |
| EV / Sales | 449.4x | 13.7x | 13.5x | 14.3x | 12.6x | |
| Gross Profit, Adj. | $206,000 | $2.2M | $2.2M | $4.1M | $5.9M | |
| YoY % | — | +975.2% | +0.0% | +84.6% | +43.3% | |
| Margin % | 32.3% | 11.4% | 8.0% | 10.7% | 12.1% | |
| EV / Gross Profit | 1391.8x | 120.3x | 168.4x | 133.3x | 103.9x | |
| EBITDA, Adj. | $-44.0M | $-84.1M | $-65.3M | $-40.1M | $-39.4M | |
| YoY % | — | -91.0% | +22.4% | +38.6% | +1.7% | |
| Margin % | -6901.7% | -431.9% | -237.0% | -105.1% | -81.5% | |
| EV / EBITDA | -6.5x | -3.2x | -5.7x | -13.6x | -15.4x | |
| EBIT | $-44.7M | $-94.5M | $-116.9M | $-59.0M | $-62.6M | |
| YoY % | — | -111.4% | -23.7% | +49.6% | -6.2% | |
| Margin % | -7008.9% | -485.4% | -424.2% | -154.6% | -129.5% | |
| EV / EBIT | -6.4x | -2.8x | -3.2x | -9.2x | -9.7x | |
| Net Income | $-56.1M | $-111.1M | $-124.0M | $-119.9M | $-94.8M | |
| YoY % | — | -98.0% | -11.7% | +3.3% | +21.0% | |
| Net Margin | -8792.0% | -570.4% | -450.0% | -314.4% | -196.0% | |
| EPS (GAAP) | -$13.78 | -$16.57 | -$15.61 | -$14.14 | -$5.61 | |
| YoY % | — | -20.2% | +5.8% | +9.4% | +60.3% |