STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $58.4M | $48.5M | $40.9M | $20.6M | $17.4M | |
| YoY % | +13.9% | -17.0% | -15.8% | -49.7% | -15.5% | |
| P / Sales | 4.3x | 2.6x | 1.4x | 0.8x | 0.6x | |
| EV / Sales | 4.3x | 2.8x | 1.5x | 1.0x | 0.9x | |
| Gross Profit, Adj. | $45.7M | $34.3M | $30.3M | $14.4M | $12.9M | |
| YoY % | -0.8% | -25.0% | -11.7% | -52.4% | -10.9% | |
| Margin % | 78.3% | 70.7% | 74.2% | 70.2% | 74.1% | |
| EV / Gross Profit | 5.5x | 4.0x | 2.0x | 1.4x | 1.3x | |
| EBITDA, Adj. | $-8.7M | $-23.4M | $-10.7M | $-19.1M | $-13.8M | |
| YoY % | -223.0% | -167.5% | +54.4% | -79.2% | +27.5% | |
| Margin % | -15.0% | -48.2% | -26.1% | -92.9% | -79.8% | |
| EV / EBITDA | -28.6x | -5.9x | -5.6x | -1.1x | -1.2x | |
| EBIT | $-30.9M | $-30.9M | $-18.1M | $-49.4M | $-30.3M | |
| YoY % | -978.7% | +0.0% | +41.6% | -173.6% | +38.7% | |
| Margin % | -53.0% | -63.7% | -44.2% | -240.3% | -174.5% | |
| EV / EBIT | -8.1x | -4.4x | -3.3x | -0.4x | -0.5x | |
| Net Income | $-31.0M | $-29.3M | $-24.4M | $-48.7M | $-30.1M | |
| YoY % | -845.3% | +5.7% | +16.7% | -99.6% | +38.2% | |
| Net Margin | -53.1% | -60.4% | -59.7% | -236.9% | -173.3% | |
| EPS (GAAP) | -$4.88 | -$4.24 | -$3.01 | -$3.94 | -$1.46 | |
| YoY % | -710.0% | +13.1% | +29.0% | -30.9% | +62.9% |