Press Release
May 15, 2025
First Quarter 2025 Highlights Revenue of $37.7 million , a decrease of 1.2% year-over-year and increase of 5.7% sequentially Gross margin of 30.1%, a 380 bps increase year-over-year and 190 bps increase sequentially Adjusted EBITDA of $3.7 million , an increase of 25.6% year-over-year and decrease