STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $36.8M | $35.8M | $34.2M | $43.3M | $49.9M | |
| YoY % | +42.8% | -2.7% | -4.5% | +26.5% | +15.2% | |
| P / Sales | 3.2x | 0.2x | 0.3x | 1.8x | 0.5x | |
| EV / Sales | 2.7x | -0.1x | 0.2x | 1.8x | 0.5x | |
| Gross Profit, Adj. | $9.4M | $5.2M | $10.3M | $17.7M | $18.9M | |
| YoY % | +43.4% | -45.0% | +98.8% | +71.5% | +6.9% | |
| Margin % | 25.6% | 14.5% | 30.1% | 40.9% | 37.9% | |
| EV / Gross Profit | 10.4x | -0.5x | 0.6x | 4.3x | 1.4x | |
| EBITDA, Adj. | $-23.0M | $-21.8M | $-10.4M | $-1.9M | $-3.2M | |
| YoY % | -84.5% | +5.2% | +52.3% | +81.7% | -66.1% | |
| Margin % | -62.4% | -60.8% | -30.4% | -4.4% | -6.3% | |
| EV / EBITDA | -4.3x | 0.1x | -0.6x | -39.9x | -8.2x | |
| EBIT | $-24.0M | $-40.4M | $-10.7M | $-2.2M | $-3.4M | |
| YoY % | -85.3% | -68.5% | +73.5% | +79.7% | -57.1% | |
| Margin % | -65.1% | -112.7% | -31.3% | -5.0% | -6.8% | |
| EV / EBIT | -4.1x | 0.1x | -0.5x | -34.9x | -7.6x | |
| Net Income | $-23.9M | $-40.3M | $-10.2M | $-1.8M | $-3.3M | |
| YoY % | -64.6% | -69.0% | +74.8% | +82.1% | -78.7% | |
| Net Margin | -64.8% | -112.6% | -29.7% | -4.2% | -6.5% | |
| EPS (GAAP) | -$2.66 | -$4.41 | -$1.09 | -$0.18 | -$0.31 | |
| YoY % | -1.9% | -65.8% | +75.3% | +83.5% | -72.2% |