STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $13.1M | $12.0M | $10.8M | $7.1M | |
| YoY % | — | -8.3% | -10.1% | -34.3% | |
| P / Sales | 5.7x | 10.2x | 261.2x | 968.0x | |
| EV / Sales | 5.3x | 12.6x | 269.6x | 978.7x | |
| Gross Profit, Adj. | $10.2M | $9.2M | $5.7M | $2.1M | |
| YoY % | — | -10.0% | -38.1% | -63.8% | |
| Margin % | 78.1% | 76.7% | 52.8% | 29.1% | |
| EV / Gross Profit | 6.8x | 16.4x | 510.5x | 3360.8x | |
| EBITDA, Adj. | $-96.7M | $-63.9M | $-61.6M | $-76.5M | |
| YoY % | — | +33.9% | +3.6% | -24.2% | |
| Margin % | -737.9% | -532.0% | -570.9% | -1079.2% | |
| EV / EBITDA | -0.7x | -2.4x | -47.2x | -90.7x | |
| EBIT | $-109.1M | $-73.2M | $-68.5M | $-84.7M | |
| YoY % | — | +32.9% | +6.5% | -23.6% | |
| Margin % | -832.5% | -610.0% | -634.9% | -1194.4% | |
| EV / EBIT | -0.6x | -2.1x | -42.5x | -81.9x | |
| Net Income | $-71.5M | $-75.1M | $-201.0M | $-216.2M | |
| YoY % | — | -5.0% | -167.6% | -7.6% | |
| Net Margin | -545.9% | -625.5% | -1862.7% | -3050.4% | |
| EPS (GAAP) | -$0.70 | -$0.57 | -$1.09 | -$0.70 | |
| YoY % | — | +18.6% | -91.2% | +35.8% |