Eric Hines, CEO of Milestone Scientific (MLSS) commented: “When I joined Milestone in August 2025, we were in the middle of the third quarter following a period without consistent executive leadership. During that time, certain spending had occurred that was not always aligned with revenue generation or disciplined capital allocation. Since August, the Company has taken deliberate steps to strengthen financial discipline across the organization, scrutinizing every expense, prioritizing initiatives tied to revenue and measurable ROI, and eliminating spending that does not directly support our path to sustainable growth. We also made a conscious decision not to raise new capital simply to fund inefficient practices. Instead, our focus has been on responsible stewardship of shareholder capital and building a stronger operational foundation.”
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