Record Revenue and Growth
Revenue reached $18.2 million, a 78.5% quarter-over-quarter increase, exceeding the upper end of the guidance range of $15 million to $16 million.
Significant Gross Margin Improvement
Gross margin improved to 56.9%, up from 26.2% last quarter, reflecting continued focus on product optimization and operational efficiency.
Positive Operating Income
Operating income turned positive at $5.1 million, a strong recovery from a loss in Q4 2024.
Aleo Mining Series Success
The Aleo mining miner series launched successfully, accounting for nearly 75% of total revenue and contributing to the highest quarterly revenue since 2023.
Strategic Product Launches
Launched five iterations of Aleo series miners and the Goldshell Byte, an innovative power mining machine supporting Aleo, Dogecoin, and Litecoin, showcasing technical strength.