Significant Revenue Growth
Revenue increased 150% year-over-year to $8.4 million in Q2 2025.
Profitability Improvement
Non-GAAP operating income from continuing operations was a positive $218,000, compared to a loss of $137,000 in Q2 2024, marking a $355,000 improvement.
Major Project Completion
Executed on a 25-unit e-Boost order for a large public-school district in the U.S., supporting the district's fleet of 200 electric school buses.
Strategic Partnership with SparkCharge
Delivered initial units under a deal potentially worth up to $10 million, reflecting high demand for mobile EV charging solutions.
Expansion into New Markets
Preparing to launch the HOMe-Boost product in the second half of 2025, targeting residential and light commercial markets with a power generation and charging solution.
Strong Balance Sheet
Cash on hand of $18 million with zero bank debt and working capital of approximately $24 million as of June 30, 2025.