For the first half of 2025, total gross profit increased by approximately 108% compared to the same period in 2024. Gross margin expanded by more than 137% fueled by a stronger mix of high-margin software revenue and operational efficiencies. Total current liabilities were reduced by approximately 30% even before the recent $9M debt-for-preferred equity exchange, further strengthening the balance sheet. “Our first-half performance shows our strategy is delivering,” said David Jemmett, CEO. “Combined with high-margin software, nationwide distribution through FIG and CAGI, and our groundbreaking $1.5 million cyber warranty, we are building a more profitable, resilient, and trusted enterprise.”
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