Revenue and Profitability
Total revenue of $31.5M ($31.1M excluding divested reference standards), representing a 5% year-over-year increase. Net income of $6.3M and diluted EPS of $0.08 vs $0.07 year-ago.
Strong E‑commerce Growth
Core e-commerce grew 14% year-over-year; TRU NIAGEN e-commerce sales were $19.2M (up $2.4M). Direct-to-consumer website grew about twice as fast as Amazon.
Ingredient Sales and Mix
NIAGEN ingredient revenue of $8.2M (up 2% or $0.185M YoY), including $7.3M food-grade and $0.85M pharma-grade sales, supporting broadened B2B demand.
Healthy Gross Margin and Strong Balance Sheet
Gross margin improved slightly to 63.5% (up 10 basis points vs prior year). Ended quarter with $66.5M cash, no debt, and working capital of $82.3M (working capital increased ~$5.4M from prior quarter).
Product Launch Successes — Niagen Plus and NanoCloud
Launched Niagen Plus at‑home injection kit + telehealth capability with strong initial traffic/conversions and positive early feedback. Pilot-launched Niagen NanoCloud skincare, reporting strong early demand (nearly sold out) and favorable consumer survey results; wide roll-out planned for October.
Regulatory & Quality Differentiation — USP Monograph
NIAGEN (NR chloride) achieved a published USP dietary supplement ingredient monograph — a rare benchmark for supplements and a notable quality differentiation versus competitors.
Clinical & Scientific Leadership
Sponsored the NAD for Health scientific meeting; highlighted emerging research (tissue NAD importance, potential benefits of IV/injection for tissue NAD, synergy with exercise). Progressing toward IND-enabling preclinical work for orphan indications (e.g., ataxia telangiectasia).
Commercial Footprint Expansion
NIAGEN available in ~1,200 clinics for IV offerings with strong order and repeat rates; discussions underway with two major skincare brands and broader distribution plans (international and selective retail).