The Company refined its financial guidance targets for the year ending December 31, 2025: Total revenue in the range of $47.6 million to $49.0 million, compared to $48.1 million for the year ended December 31, 2024. Total revenue guidance assumes: Advanced Energy revenue is expected to be in the range of $39.6 million to $41.0 million, compared to approximately $38.6 million for the year ended December 31, 2024, reflecting current trends. OEM revenue is expected to be approximately $8.0 million, compared to approximately $9.5 million for the year ended December 31, 2024. The Company continues to expect operating expenses of less than $40.0 million for the year ended December 31, 2025.
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