STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $43.9M | $84.4M | $43.6M | $59.3M | $39.8M | |
| YoY % | — | +92.4% | -48.4% | +36.0% | -32.9% | |
| P / Sales | 8.5x | 0.3x | 1.1x | 0.3x | 0.1x | |
| EV / Sales | 9.1x | 1.0x | 2.2x | 1.2x | 1.3x | |
| Gross Profit, Adj. | $34.0M | $36.7M | $15.0M | $20.3M | $17.3M | |
| YoY % | — | +8.0% | -59.1% | +35.0% | -14.5% | |
| Margin % | 77.4% | 43.5% | 34.5% | 34.2% | 43.6% | |
| EV / Gross Profit | 11.7x | 2.2x | 6.5x | 3.6x | 3.0x | |
| EBITDA, Adj. | $-4.6M | $7.8M | $-15.0M | $-12.1M | $-14.3M | |
| YoY % | — | +270.0% | -292.1% | +19.3% | -18.0% | |
| Margin % | -10.5% | 9.3% | -34.4% | -20.4% | -35.9% | |
| EV / EBITDA | -86.8x | 10.3x | -6.5x | -6.1x | -3.7x | |
| EBIT | $-42.7M | $-55.4M | $-53.1M | $-30.0M | $-19.9M | |
| YoY % | — | -29.8% | +4.2% | +43.5% | +33.7% | |
| Margin % | -97.3% | -65.6% | -121.8% | -50.6% | -50.0% | |
| EV / EBIT | -9.3x | -1.4x | -1.8x | -2.4x | -2.6x | |
| Net Income | $-45.0M | $-52.8M | $-60.4M | $-46.1M | $-23.7M | |
| YoY % | — | -17.3% | -14.5% | +23.7% | +48.7% | |
| Net Margin | -102.5% | -62.5% | -138.7% | -77.8% | -59.5% | |
| EPS (GAAP) | -$95.80 | -$83.20 | -$77.20 | -$51.75 | -$20.11 | |
| YoY % | — | +13.2% | +7.2% | +33.0% | +61.1% |