AI-generated analysis. Always verify with the original filing.
Revenue more than doubled to $8.1M from Newton Motion shaft expansion, driving gross profit growth to $4.6M despite labor pressures from scaling production, while operating losses widened on growth investments and net loss narrowed from prior-year levels amid ongoing cash burn.
EPS
$-1.63
Revenue
$8.1M
Net Income
-$6.0M
Gross Margin
56.0%
Gross Profit
$4.6M
free cash flow
-$5.6M
Operating Income
-$7.5M
operating margin
-92.8%