Nextech3D.AI reports audited financial results

Financial Highlights, 15-month period ended March 31, 2025 vs. 12-month period ended December 31, 2023: Gross profit increased 55% to $2.24 million, compared to $1.45 million in the prior period; Gross margin expanded substantially to 64%, up from 29%; Operating cash burn decreased by 58% to $5.56 million, compared to $13.34 million previously; Adjusted operating loss improved by 56% to $6.07 million, down from $13.94 million; Sales and marketing expenses were reduced by 55%, from $4.55 million to $2.03 million; General and administrative cash expenses decreased 41%, from $7.59 million to $4.50 million; R&D spending was streamlined, declining 45% to $1.78 million; Revenue totaled $3.49 million, down 31% from $5.03 million, primarily due to a temporary slowdown in the Company’s 3D model business as operations were restructured to focus on higher-margin offerings. Operational Highlights: Gross margin more than doubled, highlighting improved unit economics and the shift toward scalable SaaS and bundled solutions; Cost structure aligned to support recurring revenue growth with reduced dependence on variable production models; Deferred revenue increased by 46% to $498,171, reflecting strong customer prepayments and healthy forward bookings. “We are executing on a focused strategy of margin expansion, disciplined cost management, and recurring revenue growth,” said Evan Gappelberg, CEO of Nextech3D.AI (NEXCF). “The 55% increase in gross profit alongside a 58% reduction in cash burn is a clear validation of our operating model. With a leaner structure, higher-margin business lines, and growing customer demand, we are entering a new chapter of scale and efficiency.”