STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $2.7M | $11.8M | $17.4M | $20.1M | $21.7M | |
| YoY % | — | +334.7% | +47.7% | +15.7% | +8.0% | |
| P / Sales | 370.3x | 35.1x | 13.7x | 16.8x | 36.1x | |
| EV / Sales | 202.8x | 34.1x | 13.4x | 17.5x | 36.9x | |
| Gross Profit, Adj. | $-361,000 | $11.8M | $-10.3M | $-145,000 | $1.1M | |
| YoY % | — | +3365.7% | -187.5% | +98.6% | +857.2% | |
| Margin % | -13.3% | 100.0% | -59.3% | -0.7% | 5.0% | |
| EV / Gross Profit | -1523.2x | 34.1x | -22.6x | -2424.7x | 731.5x | |
| EBITDA, Adj. | $-24.2M | $-53.2M | $-78.7M | $-88.9M | $-82.4M | |
| YoY % | — | -120.0% | -47.9% | -13.0% | +7.3% | |
| Margin % | -891.8% | -451.3% | -451.8% | -441.3% | -378.9% | |
| EV / EBITDA | -22.7x | -7.6x | -3.0x | -4.0x | -9.7x | |
| EBIT | $-26.5M | $-59.1M | $-90.6M | $-105.3M | $-100.8M | |
| YoY % | — | -122.7% | -53.3% | -16.2% | +4.3% | |
| Margin % | -978.8% | -501.5% | -520.5% | -523.0% | -463.7% | |
| EV / EBIT | -20.7x | -6.8x | -2.6x | -3.3x | -8.0x | |
| Net Income | $12.7M | $-9.6M | $-65.5M | $-96.5M | $-93.4M | |
| YoY % | — | -175.5% | -586.0% | -47.2% | +3.2% | |
| Net Margin | 466.7% | -81.1% | -376.5% | -479.3% | -429.5% | |
| EPS (GAAP) | $0.11 | -$0.05 | -$0.37 | -$0.54 | -$0.51 | |
| YoY % | — | -145.5% | -640.0% | -45.9% | +5.6% |