STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $37.9M | $25.8M | $17.8M | $8.3M | $4.9M | |
| YoY % | +28.8% | -32.0% | -31.1% | -53.5% | -40.2% | |
| P / Sales | 0.6x | 0.6x | 1.6x | 1.4x | 0.8x | |
| EV / Sales | 1.8x | 1.1x | 2.8x | 4.3x | 5.2x | |
| Gross Profit, Adj. | $27.3M | $17.8M | $10.8M | $7.8M | $4.9M | |
| YoY % | +13.6% | -34.7% | -39.1% | -27.9% | -36.8% | |
| Margin % | 71.9% | 69.0% | 61.0% | 94.6% | 100.0% | |
| EV / Gross Profit | 2.5x | 1.6x | 4.5x | 4.6x | 5.2x | |
| EBITDA, Adj. | $-4.4M | $-16.5M | $-12.3M | $-16.8M | $-9.6M | |
| YoY % | -297.9% | -278.6% | +25.2% | -36.0% | +42.6% | |
| Margin % | -11.5% | -63.9% | -69.5% | -203.2% | -195.1% | |
| EV / EBITDA | -15.5x | -1.8x | -4.0x | -2.1x | -2.7x | |
| EBIT | $-12.6M | $-23.7M | $-19.4M | $-25.2M | $-13.2M | |
| YoY % | +23.5% | -89.1% | +18.4% | -30.0% | +47.5% | |
| Margin % | -33.1% | -92.1% | -109.2% | -305.2% | -267.9% | |
| EV / EBIT | -5.4x | -1.2x | -2.5x | -1.4x | -1.9x | |
| Net Income | $-12.2M | $-4.0M | $-21.1M | $-22.4M | $-17.5M | |
| YoY % | +5.8% | +67.0% | -423.9% | -6.4% | +22.0% | |
| Net Margin | -32.1% | -15.6% | -118.6% | -271.2% | -353.5% | |
| EPS (GAAP) | -$6.30 | -$2.00 | -$10.68 | -$9.84 | -$5.08 | |
| YoY % | +7.4% | +68.3% | -434.0% | +7.9% | +48.4% |