STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $1.8M | $7.6M | $14.8M | $27.5M | |
| YoY % | — | +310.6% | +94.9% | +86.6% | |
| P / Sales | 21.6x | 21.8x | 20.8x | 25.3x | |
| EV / Sales | 146.6x | 49.5x | 44.8x | 39.9x | |
| Gross Profit, Adj. | $1.8M | $4.5M | $10.8M | $18.9M | |
| YoY % | — | +144.4% | +139.6% | +74.5% | |
| Margin % | 100.0% | 59.5% | 73.2% | 68.5% | |
| EV / Gross Profit | 146.6x | 83.1x | 61.2x | 58.2x | |
| EBITDA, Adj. | $-16.0M | $-14.7M | $-17.7M | $-21.6M | |
| YoY % | — | +7.8% | -20.3% | -22.2% | |
| Margin % | -864.8% | -194.3% | -120.0% | -78.6% | |
| EV / EBITDA | -17.0x | -25.5x | -37.4x | -50.7x | |
| EBIT | $-18.9M | $-17.0M | $-20.4M | $-28.0M | |
| YoY % | — | +9.9% | -20.1% | -37.3% | |
| Margin % | -1022.1% | -224.3% | -138.3% | -101.8% | |
| EV / EBIT | -14.3x | -22.0x | -32.4x | -39.2x | |
| Net Income | $-3.2M | $-16.2M | $-45.2M | $18.8M | |
| YoY % | — | -408.1% | -179.6% | +141.6% | |
| Net Margin | -172.6% | -213.6% | -306.4% | 68.3% | |
| EPS (GAAP) | -$0.23 | -$0.98 | -$1.76 | $0.09 | |
| YoY % | — | -326.1% | -79.6% | +105.1% |