Financials
Reported figures only · latest: Q4 2025
USD · US GAAP
Source: SEC XBRL filings
· latest filing
The long view
Fiscal years as reported · SEC XBRL filings, US GAAP
Revenue and net income15 fiscal yearsShow the numbers
| Year | Revenue | Net income |
|---|
| FY25 | $23M | −$33.9M |
|---|
| FY24 | $32.9M | $12.1M |
|---|
| FY23 | $43.1M | −$28.7M |
|---|
| FY22 | $57M | −$155.4M |
|---|
| FY21 | $53.8M | −$62.4M |
|---|
| FY20 | $2.2M | −$32.4M |
|---|
| FY19 | $503K | −$94.4M |
|---|
| FY18 | $1.1M | −$65.7M |
|---|
| FY17 | - | −$48.7M |
|---|
| FY16 | - | −$29.2M |
|---|
| FY15 | - | −$50M |
|---|
| FY14 | - | $25.3M |
|---|
| FY13 | - | $17.5M |
|---|
| FY12 | - | - |
|---|
| FY11 | - | - |
|---|
MarginsShare of revenue- Gross margin
- Operating margin
- Net margin
Show the numbers
| Year | Gross margin | Operating margin | Net margin |
|---|
| FY25 | −3.1% | −150.9% | −147.3% |
|---|
| FY24 | 43.6% | −24.3% | 36.7% |
|---|
| FY23 | 32.5% | −58.5% | −66.6% |
|---|
| FY22 | 38.6% | −157.2% | −272.5% |
|---|
| FY21 | 53.9% | −82.4% | −116.1% |
|---|
| FY20 | 17.5% | −783.8% | −1495.7% |
|---|
| FY19 | −1423.5% | −14702.6% | −18771.6% |
|---|
| FY18 | −950.4% | −4521.9% | −5929.1% |
|---|
| FY17 | - | - | - |
|---|
| FY16 | - | - | - |
|---|
| FY15 | - | - | - |
|---|
| FY14 | - | - | - |
|---|
| FY13 | - | - | - |
|---|
| FY12 | - | - | - |
|---|
| FY11 | - | - | - |
|---|
Free cash flowOperating cash flow minus capital expenditureShow the numbers
| Year | Free cash flow |
|---|
| FY25 | −$27.1M |
|---|
| FY24 | −$33.9M |
|---|
| FY23 | −$29.8M |
|---|
| FY22 | −$77.3M |
|---|
| FY21 | −$90.9M |
|---|
| FY20 | −$10M |
|---|
| FY19 | −$22.8M |
|---|
| FY18 | −$28.5M |
|---|
| FY17 | −$42.3M |
|---|
| FY16 | −$20.3M |
|---|
| FY15 | $5M |
|---|
| FY14 | $37.9M |
|---|
| FY13 | $3.3M |
|---|
| FY12 | - |
|---|
| FY11 | - |
|---|
Returned to shareholdersDividends paid and shares bought backShow the numbers
| Year | Dividends | Buybacks |
|---|
| FY25 | - | - |
|---|
| FY24 | - | - |
|---|
| FY23 | - | - |
|---|
| FY22 | - | - |
|---|
| FY21 | - | - |
|---|
| FY20 | - | - |
|---|
| FY19 | - | - |
|---|
| FY18 | - | - |
|---|
| FY17 | - | $2.7M |
|---|
| FY16 | - | $18.9M |
|---|
| FY15 | - | $1.4M |
|---|
| FY14 | - | - |
|---|
| FY13 | $32.1M | - |
|---|
| FY12 | - | - |
|---|
| FY11 | - | - |
|---|
Net margin vs the sectorMedian of Financials companies filing with the SECShow the numbers
| Year | SOLAI | Financials median |
|---|
| FY25 | −147.3% | 18.2% |
|---|
| FY24 | 36.7% | 17.4% |
|---|
| FY23 | −66.6% | 15.4% |
|---|
| FY22 | −272.5% | 15.5% |
|---|
| FY21 | −116.1% | 21.7% |
|---|
| FY20 | −1495.7% | 14.4% |
|---|
| FY19 | −18771.6% | 13.9% |
|---|
| FY18 | −5929.1% | 16.2% |
|---|
| FY17 | - | 10.8% |
|---|
| FY16 | - | 9.3% |
|---|
| FY15 | - | 7.7% |
|---|
| FY14 | - | 7.4% |
|---|
| FY13 | - | 9% |
|---|
| FY12 | - | 5.6% |
|---|
| FY11 | - | 5.5% |
|---|
News
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