NDLS

Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Total revenue 121.77 M123.79 M126.43 M122.09 M122.78 M 495.09 M Gross profit 98.25 M98.14 M102.02 M97.53 M98.53 M 396.21 M Operating expenses 15.14 M15 M25.43 M18.62 M16.64 M 75.69 M Selling/general/admin expenses 11.32 M12.81 M12.4 M12.27 M11.65 M 49.14 M Research & development ————— — Operating income -7.36 M-6.39 M-14.78 M-6.32 M-4.11 M -31.59 M Non-Operating Income, Total 0———— — Interest expense, net of interest capitalized 2.32 M2.65 M2.75 M2.83 M2.69 M 10.91 M Non-Operating Income, excl. Interest Expenses -2.32 M———— — Unusual income/expense ————— — Pretax income -9.69 M-9.03 M-17.53 M-9.15 M-6.79 M -42.5 M Equity in earnings ————— — Taxes 6 00023 K21 K5 00015 K 64 K Non-controlling/minority interest ————— — After tax other income/expense ————— — Net income before discontinued operations -9.69 M-9.06 M-17.55 M-9.15 M-6.81 M -42.57 M Discontinued operations ————— — Net income -9.69 M-9.06 M-17.55 M-9.15 M-6.81 M -42.57 M Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders -9.69 M-9.06 M-17.55 M-9.15 M-6.81 M -42.57 M Basic earnings per share (Basic EPS) -1.68-1.6-3.04-1.6-1.12 -7.36 Diluted earnings per share (Diluted EPS) -1.68-1.6-3.04-1.6-1.12 -7.36 Average basic shares outstanding 5.68 M5.72 M5.77 M5.81 M5.79 M 23.09 M Diluted shares outstanding 5.68 M5.72 M5.77 M5.81 M5.79 M 23.09 M EBITDA -283 K703 K-7.64 M285 K2.11 M -4.54 M EBIT -7.36 M-6.39 M-14.78 M-6.32 M-4.11 M -31.59 M Cost of revenue 23.52 M25.66 M24.41 M24.56 M24.25 M 98.88 M Other cost of goods sold ————— — Depreciation & amortization (cash flow) 7.08 M7.09 M7.14 M6.6 M6.21 M 27.05 M