STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $59.1M | $34.2M | $26.4M | $18.7M | |
| YoY % | — | -42.2% | -22.8% | -29.3% | |
| P / Sales | 5.0x | 18.2x | 13.7x | 11.3x | |
| EV / Sales | 5.0x | 19.5x | 14.1x | 11.7x | |
| Gross Profit, Adj. | $59.1M | $34.2M | $26.4M | $18.4M | |
| YoY % | — | -42.2% | -22.8% | -30.4% | |
| Margin % | 100.0% | 100.0% | 100.0% | 98.4% | |
| EV / Gross Profit | 5.0x | 19.5x | 14.1x | 11.9x | |
| EBITDA, Adj. | $-8.4M | $-49.9M | $-53.3M | $-49.8M | |
| YoY % | — | -494.4% | -6.7% | +6.6% | |
| Margin % | -14.2% | -146.1% | -201.9% | -266.6% | |
| EV / EBITDA | -35.2x | -13.4x | -7.0x | -4.4x | |
| EBIT | $-26.6M | $-69.6M | $-76.9M | $-71.5M | |
| YoY % | — | -161.2% | -10.4% | +7.0% | |
| Margin % | -45.1% | -203.8% | -291.3% | -383.1% | |
| EV / EBIT | -11.1x | -9.6x | -4.8x | -3.1x | |
| Net Income | $-22.3M | $-50.6M | $-62.0M | $-64.8M | |
| YoY % | — | -126.6% | -22.5% | -4.4% | |
| Net Margin | -37.8% | -148.2% | -235.1% | -347.0% | |
| EPS (GAAP) | -$0.26 | -$0.51 | -$0.61 | -$0.57 | |
| YoY % | — | -96.2% | -19.6% | +6.6% |