STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $6.0M | $10.1M | $12.9M | $17.7M | |
| YoY % | — | +67.6% | +27.8% | +37.6% | |
| P / Sales | 48.6x | 13.8x | 20.2x | 14.2x | |
| EV / Sales | 42.2x | 13.9x | 27.4x | 14.0x | |
| Gross Profit, Adj. | $2.7M | $5.0M | $7.8M | $12.8M | |
| YoY % | — | +83.9% | +56.4% | +63.5% | |
| Margin % | 45.4% | 49.8% | 61.0% | 72.5% | |
| EV / Gross Profit | 93.0x | 27.9x | 44.9x | 19.3x | |
| EBITDA, Adj. | $-76.5M | $-52.1M | $-39.6M | $-23.3M | |
| YoY % | — | +31.9% | +24.2% | +41.1% | |
| Margin % | -1273.1% | -517.6% | -307.3% | -131.5% | |
| EV / EBITDA | -3.3x | -2.7x | -8.9x | -10.6x | |
| EBIT | $-90.9M | $-69.4M | $-52.2M | $-31.0M | |
| YoY % | — | +23.6% | +24.8% | +40.6% | |
| Margin % | -1511.4% | -688.9% | -405.6% | -175.2% | |
| EV / EBIT | -2.8x | -2.0x | -6.7x | -8.0x | |
| Net Income | $-36.6M | $-61.0M | $-116.3M | $-4.8M | |
| YoY % | — | -66.5% | -90.6% | +95.9% | |
| Net Margin | -609.5% | -605.7% | -903.4% | -27.0% | |
| EPS (GAAP) | -$0.66 | -$0.68 | -$1.28 | -$0.18 | |
| YoY % | — | -3.0% | -88.2% | +85.9% |