Connected Home Growth
Connected home channel grew 13% to $29.8 million, driven by strong performance from new products launched earlier this year.
Net Cash Position Improvement
Net cash position increased significantly by $9.1 million, with a total of $13.2 million as of September 30, 2025.
Cost Reduction Initiatives
Operating expenses decreased to $24.8 million from $28.2 million in the prior year, reflecting ongoing benefits of cost reduction initiatives.
New Product Launches
Secured new design win for batteryless hybrid supercap remote control and commitments for QuickSet Cloud platform across smart TV customers.
Trial Date Set for Litigation Against Roku
Trial date for ongoing litigation against Roku has been set for March 2027, viewed as a favorable timeline.