| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenues | $52.9M+18.1% | $44.8M-1.1% | $45.2M+7.2% | $42.2M+68.3% | $25.1M+87.9% | $13.3M |
| Cost of revenues | $33.5M+26.4% | $26.5M-0.3% | $26.6M+8.0% | $24.6M+75.8% | $14.0M+95.4% | $7.2M |
| Gross profit | $19.4M+6.0% | $18.3M-2.2% | $18.7M+6.1% | $17.6M+58.9% | $11.1M+79.3% | $6.2M |
| Indirect costs | $9.4M+1.6% | $9.3M+3.8% | $8.9M-24.7% | $11.9M+247.8% | $3.4M+103.0% | $1.7M |
| Overhead | $2.1M+8.2% | $1.9M+1.2% | $1.9M+20.8% | $1.6M+83.3% | $851K+207.4% | $277K |
| General and administrative | $10.7M-25.4% | $14.3M-19.0% | $17.7M+30.3% | $13.6M-6.6% | $14.5M+155.6% | $5.7M |
| Goodwill impairment loss | $0 | $0-100.0% | $6.9M | $0 | $0 | — |
| (Gain) from change in fair value of contingent earnout | $0 | $0+100.0% | -$92K-116.6% | $555K | $0 | $0 |
| Total operating expenses | $22.2M-13.0% | $25.5M-27.8% | $35.3M+28.2% | $27.6M+46.6% | $18.8M+145.9% | $7.6M |
| Loss from operations before other income (expense) | -$2.8M+61.1% | -$7.2M+56.5% | -$16.7M-67.3% | -$10.0M-29.0% | -$7.7M-426.2% | -$1.5M |
| Loss on induced conversion | $0 | $0+100.0% | -$300K | $0 | $0 | — |
| Loss on extinguishment of debt | $0+100.0% | -$823K | $0 | $0 | — | — |
| Gain from sale of subsidiary | $0-100.0% | $39K | $0 | $0 | — | — |
| Gain (loss) from change in fair value of derivative liability | $621K+185.6% | -$726K-168.8% | $1.1M+898.5% | -$132K | $0 | $0 |
| Other income, net | $0 | $0-100.0% | $106K+35021.8% | $303-99.2% | $39K | — |
| Interest income (expense), net | $3K+100.3% | -$1.2M+64.3% | -$3.2M+18.6% | -$4.0M-58.6% | -$2.5M-9.6% | -$2.3M |
| Total other income (expense) | $624K+123.4% | -$2.7M-11.7% | -$2.4M+42.1% | -$4.1M-66.5% | -$2.5M-7.9% | -$2.3M |
| Loss from operations before (expense) benefit for income taxes | -$2.2M+77.9% | -$9.9M+48.0% | -$19.1M-35.3% | -$14.1M-38.1% | -$10.2M-171.1% | -$3.8M |
| Income tax (expense) benefit | -$208K-205.7% | -$68K-105.4% | $1.3M+253.4% | -$820K-130.9% | $2.7M+151.4% | $1.1M |
| Net loss | -$2.4M+76.0% | -$10.0M+43.9% | -$17.8M-19.4% | -$14.9M-97.6% | -$7.5M-178.7% | -$2.7M |
| Less: preferred stock dividends | $107K-9.9% | $119K+1.0% | $118K+17.5% | $101K+717.9% | $12K | $0 |
| Net loss to common shareholders | -$2.5M+75.2% | -$10.1M+43.6% | -$17.9M-19.4% | -$15.0M-98.6% | -$7.6M-179.2% | -$2.7M |
| Net loss per share, basic (in usd per share) | -$0.03+83.3% | -$0.18+52.6% | -$0.38+30.9% | -$0.55-34.1% | -$0.41-141.2% | -$0.17 |
| Net loss per share, diluted (in usd per share) | -$0.03+83.3% | -$0.18+52.6% | -$0.38+30.9% | -$0.55-34.1% | -$0.41-141.2% | -$0.17 |
| Shares used in calculation of net loss per share - basic (in shares) | $92962823.00+68.1% | $55287657.00+17.2% | $47177950.00+71.8% | $27468226.00+50.4% | $18259283.00+12.4% | $16249247.00 |
| Shares used in calculation of net loss per share - diluted (in shares) | $92962823.00+68.1% | $55287657.00+17.2% | $47177950.00+71.8% | $27468226.00+50.4% | $18259283.00+12.4% | $16249247.00 |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.