STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $44.5M | $35.4M | $24.2M | $19.5M | $19.2M | |
| YoY % | +6.2% | -20.4% | -31.8% | -19.3% | -1.5% | |
| P / Sales | 20.6x | 3.0x | 0.7x | 0.1x | 0.3x | |
| EV / Sales | 20.4x | 3.1x | 0.9x | 0.4x | 0.3x | |
| Gross Profit, Adj. | $30.0M | $22.3M | $15.0M | $12.0M | $12.0M | |
| YoY % | +13.7% | -25.5% | -32.9% | -19.9% | -0.2% | |
| Margin % | 67.4% | 63.1% | 62.0% | 61.6% | 62.4% | |
| EV / Gross Profit | 30.3x | 4.9x | 1.5x | 0.7x | 0.5x | |
| EBITDA, Adj. | $-17.4M | $-14.3M | $-7.5M | $-2.2M | $-1.0M | |
| YoY % | -10.7% | +17.4% | +47.9% | +71.0% | +52.1% | |
| Margin % | -39.0% | -40.5% | -30.9% | -11.1% | -5.4% | |
| EV / EBITDA | -52.4x | -7.7x | -3.0x | -3.8x | -5.6x | |
| EBIT | $-26.3M | $-78.9M | $-22.3M | $-3.3M | $-2.2M | |
| YoY % | -49.6% | -199.8% | +71.7% | +85.1% | +34.8% | |
| Margin % | -59.1% | -222.8% | -92.3% | -17.0% | -11.3% | |
| EV / EBIT | -34.6x | -1.4x | -1.0x | -2.5x | -2.7x | |
| Net Income | $-25.9M | $-74.1M | $-26.9M | $-7.7M | $-4.4M | |
| YoY % | -312.1% | -185.5% | +63.6% | +71.4% | +43.2% | |
| Net Margin | -58.3% | -209.3% | -111.5% | -39.5% | -22.8% | |
| EPS (GAAP) | -$21.15 | -$55.80 | -$13.32 | -$14.29 | -$1.09 | |
| YoY % | -267.9% | -163.8% | +76.1% | -7.3% | +92.4% |