STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $55.1M | $70.1M | $59.7M | $690,000 | $693,000 | |
| YoY % | +34.9% | +27.3% | -14.9% | -98.8% | +0.4% | |
| P / Sales | 4.2x | 1.4x | 1.2x | 61.7x | 50.6x | |
| EV / Sales | 3.7x | 1.0x | 0.9x | 88.9x | 64.5x | |
| Gross Profit, Adj. | $27.7M | $35.9M | $25.7M | $561,000 | $589,000 | |
| YoY % | +37.2% | +29.6% | -28.3% | -97.8% | +5.0% | |
| Margin % | 50.3% | 51.2% | 43.1% | 81.3% | 85.0% | |
| EV / Gross Profit | 7.4x | 2.0x | 2.1x | 109.3x | 75.8x | |
| EBITDA, Adj. | $-15.0M | $-12.1M | $-24.3M | $-9.0M | $-9.0M | |
| YoY % | +23.0% | +19.5% | -101.7% | +63.0% | +0.6% | |
| Margin % | -27.2% | -17.2% | -40.8% | -1305.9% | -1292.9% | |
| EV / EBITDA | -13.7x | -6.1x | -2.2x | -6.8x | -5.0x | |
| EBIT | $-19.8M | $-16.8M | $-28.6M | $-13.0M | $-11.6M | |
| YoY % | +26.1% | +14.9% | -70.3% | +54.7% | +10.9% | |
| Margin % | -35.9% | -24.0% | -48.0% | -1878.8% | -1667.5% | |
| EV / EBIT | -10.4x | -4.4x | -1.9x | -4.7x | -3.9x | |
| Net Income | $-19.8M | $-16.0M | $-26.2M | $-28.7M | $-22.5M | |
| YoY % | +25.3% | +19.1% | -63.3% | -9.7% | +21.7% | |
| Net Margin | -36.0% | -22.9% | -43.9% | -4162.2% | -3246.6% | |
| EPS (GAAP) | -$4.56 | -$3.60 | -$5.64 | -$5.90 | -$4.08 | |
| YoY % | +41.5% | +21.1% | -56.7% | -4.6% | +30.8% |