Improved Operating Loss
Operating loss reduced by $1.2 million to approximately $2.1 million, representing the third consecutive year of improved operating results.
Adjusted EBITDA Improvement
Adjusted non-GAAP EBITDA improved from a $1.7 million loss in 2024 to a $900,000 loss in 2025.
Oasis Beverage Brand Expansion
Distribution of Oasis expanded across 9 states with improving case sell-through and growing distributor engagement.
Balance Sheet Strengthening
Net book value increased from under $2 million to over $7 million, with significant reduction in capital structure complexity.
Restored Exchange Compliance
Compliance deficiencies fully resolved with the NYSE American, reflecting progress in financial stability.
Executive Order on Federal Cannabis Policy
A significant executive order was issued to modernize federal cannabis policy, potentially influencing Medicare reimbursement pathways for CBD products.
Wholesale Business Growth
Wholesale business generated $1.2 million in Q4 2025, up 25% compared to the previous year.
Gross Margin Increase
Gross profit as a percentage of net sales increased to 59% in Q4 2025 compared to 54% in the prior year.