Improved Gross Margin
Q2 gross margin of 50.9%, a significant improvement compared to Q1 2025 gross margin of 46% and the highest since 2019.
Positive Adjusted EBITDA
Achieved a positive adjusted EBITDA of $59,000, marking the first positive adjusted EBITDA since Q2 2019.
Cost Efficiency Gains
SG&A expenses decreased by 20% year-over-year, and cost structure improvements led to significant cash savings.
New Product Development Success
New products introduced since 2023 represented 39% of revenue for Q2 2025, highlighting successful product innovation.
Increased Market Share
Maintained #1 position in natural product retail channel and increased market share.
Cash Flow Improvement
Generated positive cash from operating activities of $0.3 million in Q2 2025, significantly improved from cash used in operations in Q2 2024.
Strategic M&A Integration
Realized efficiency gains and expected further cost efficiency and gross margin improvement from the acquisition of Elevated Softgels.