SOLAI Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	24.21	32.92	43.1	57.03	53.77	2.17
Revenue Growth (YoY)	-	-23.62%	-24.42%	6.05%	2381.31%	-58.01%
Cost of Revenue	31.75	29.94	40.06	61.2	39.51	2.02
Gross Profit	-7.54	2.99	3.05	-4.17	14.26	0.15
Selling, General & Admin	16.88	13.76	18.62	22.28	21.59	15.48
Research & Development	-	0.07	0.87	2.21	1.26	1.94
Other Operating Expenses	-3.1	0.4	13.46	2.23	13.99	-0.28
Operating Expenses	13.78	14.23	32.95	26.72	36.83	17.14
Operating Income	-21.32	-11.25	-29.91	-30.89	-22.57	-16.99
Interest Expense	-	-	-	-0.22	-0.78	-
Interest & Investment Income	0.16	0.06	0.24	0.15	0.06	0.24
Earnings From Equity Investments	-0.15	-0.02	-0.3	0.16	-1.18	-1.87
Other Non Operating Income (Expenses)	6.87	4.18	5.37	-5.1	-10.69	0.04
EBT Excluding Unusual Items	-14.44	-7.03	-24.59	-35.9	-35.17	-18.57
Merger & Restructuring Charges	-	-	-	-	-1.95	-
Gain (Loss) on Sale of Investments	-0.13	0.02	-1.41	-2.25	5.5	-4.79
Gain (Loss) on Sale of Assets	-	-	0.61	3.34	0.23	-
Asset Writedown	-	-	-	-42.76	-22.45	-
Other Unusual Items	-4.27	-	-	-1.85	13.94	-
Pretax Income	-18.84	-7.01	-25.38	-79.42	-39.89	-23.35
Income Tax Expense	-	-	-	-	-0.36	-0.03
Earnings From Continuing Operations	-18.84	-7.01	-25.38	-79.42	-39.53	-23.32
Earnings From Discontinued Operations	-	18.93	-3.33	-79.01	-34.66	-9.09
Net Income to Company	-18.84	11.92	-28.71	-158.43	-74.2	-32.41
Minority Interest in Earnings	0.33	0.15	-	3.01	11.79	-
Net Income	-18.51	12.07	-28.71	-155.42	-62.4	-32.41
Net Income to Common	-18.51	12.07	-28.71	-155.42	-62.4	-32.41
Shares Outstanding (Basic)	16	12	11	9	6	4
Shares Outstanding (Diluted)	16	12	11	9	6	4
Shares Change (YoY)	40.56%	6.29%	26.56%	39.96%	44.73%	0.33%
EPS (Basic)	-1.17	1.03	-2.60	-17.84	-10.03	-7.54
EPS (Diluted)	-1.83	0.62	-3.30	-18.07	-10.03	-7.54
Free Cash Flow	-	-33.92	-29.84	-77.34	-90.87	-10.03
Free Cash Flow Per Share	-	-2.90	-2.71	-8.88	-14.60	-2.33
Gross Margin	-31.14%	9.07%	7.07%	-7.31%	26.52%	6.97%
Operating Margin	-88.05%	-34.16%	-69.39%	-54.17%	-41.98%	-783.85%
Profit Margin	-76.44%	36.67%	-66.61%	-272.54%	-116.05%	-1495.71%
Free Cash Flow Margin	-	-103.03%	-69.23%	-135.63%	-169.00%	-462.94%
EBITDA	-7.03	0.29	-18.8	-3.58	-7.13	-14.48
EBITDA Margin	-29.04%	0.88%	-43.63%	-6.27%	-13.27%	-
D&A For EBITDA	14.29	11.54	11.1	27.32	15.44	2.51
EBIT	-21.32	-11.25	-29.91	-30.89	-22.57	-16.99
EBIT Margin	-88.05%	-34.16%	-69.39%	-54.17%	-41.98%	-

Updated Nov 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.