STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $23.2M | $17.1M | $22.5M | $28.1M | $33.6M | |
| YoY % | — | -26.3% | +31.4% | +24.6% | +19.7% | |
| P / Sales | 9.1x | 3.0x | 1.7x | 1.4x | 3.9x | |
| EV / Sales | 2.3x | 3.0x | 1.8x | 1.6x | 4.5x | |
| Gross Profit, Adj. | $-7.7M | $-8.5M | $-5.5M | $-109,000 | $1.0M | |
| YoY % | — | -10.3% | +35.8% | +98.0% | +1060.6% | |
| Margin % | -33.3% | -49.8% | -24.4% | -0.4% | 3.1% | |
| EV / Gross Profit | -6.8x | -6.0x | -7.3x | -414.0x | 144.4x | |
| EBITDA, Adj. | $-45.7M | $-60.4M | $-53.5M | $-46.6M | $-44.1M | |
| YoY % | — | -32.1% | +11.5% | +12.9% | +5.2% | |
| Margin % | -196.7% | -352.4% | -237.4% | -166.0% | -131.4% | |
| EV / EBITDA | -1.1x | -0.8x | -0.8x | -1.0x | -3.4x | |
| EBIT | $-47.2M | $-63.2M | $-56.6M | $-49.9M | $-47.4M | |
| YoY % | — | -33.8% | +10.5% | +11.7% | +5.1% | |
| Margin % | -203.3% | -369.0% | -251.2% | -178.0% | -141.1% | |
| EV / EBIT | -1.1x | -0.8x | -0.7x | -0.9x | -3.2x | |
| Net Income | $-78.0M | $-60.8M | $-52.5M | $-46.9M | $-47.1M | |
| YoY % | — | +22.1% | +13.7% | +10.6% | -0.5% | |
| Net Margin | -335.9% | -354.9% | -233.0% | -167.2% | -140.3% | |
| EPS (GAAP) | -$3.94 | -$1.43 | -$1.22 | -$1.08 | -$1.05 | |
| YoY % | — | +63.7% | +14.7% | +11.5% | +2.8% |