FIRY INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $104.5M | $92.9M | $152.1M | $269.7M | $380.2M | $229.0M | $119.9M | $50.8M |
| Cost of Revenue | $13.1M | $13.4M | $15.4M | $30.7M | $25.2M | $12.3M | $5.7M | $2.1M |
| Gross Profit | $91.4M | $79.5M | $136.7M | $239.0M | $354.9M | $216.8M | $114.2M | $48.7M |
| Gross Margin | 87.5% | 85.6% | 89.9% | 88.6% | 93.4% | 94.6% | 95.2% | 95.8% |
| Operating Expenses | ||||||||
| Research & Development | $20.6M | $16.7M | $28.1M | $52.3M | $46.2M | $23.2M | $11.2M | $7.5M |
| SG&A Expense | $71.1M | $78.9M | $96.7M | $163.0M | $135.8M | $42.5M | $16.4M | $15.0M |
| Operating Income | $-63.9M | $-46.5M | $-114.3M | $-421.4M | $-293.8M | $-103.2M | $-24.8M | $-25.5M |
| Operating Margin | -61.2% | -50.1% | -75.2% | -156.2% | -77.3% | -45.1% | -20.7% | -50.3% |
| Interest Expense | — | — | $21.5M | $40.6M | $1.2M | $1.3M | $2.5M | $2.2M |
| Pretax Income | $-70.3M | $-46.7M | $-101.1M | $-439.2M | $-207.1M | $-149.0M | $-23.6M | $-27.8M |
| Income Tax Expense | $108.0K | $66.0K | $239.0K | $-345.0K | $-19.1M | $115.0K | $0 | $0 |
| Net Income | $-70.4M | $-46.8M | $-101.4M | $-438.9M | $-187.9M | $-149.1M | $-23.6M | $-27.8M |
| Net Margin | -67.4% | -50.4% | -66.6% | -162.7% | -49.4% | -65.1% | -19.7% | -54.7% |
| EPS (Basic) | $-4.51 | $-2.62 | $-4.85 | $-21.41 | $-0.49 | $-0.51 | $-0.09 | $-0.12 |
| EPS (Diluted) | $-4.51 | $-2.62 | $-4.85 | $-21.41 | $-0.71 | $-0.51 | $-0.09 | $-0.12 |
| Shares Outstanding (Basic) | 15.6M | 17.8M | 20.9M | 20.5M | 384.6M | 294.5M | 261.2M | — |
| Shares Outstanding (Diluted) | 15.6M | 17.8M | 20.9M | 20.5M | 388.5M | 294.5M | 261.2M | — |
| Dividends Per Share | — | — | — | — | — | — | — | — |