Cash Flow ConcernsF1Q26 cash burn of $2.5M was above the forecast, indicating higher than expected cash outflow.
Margin ChallengesNEOV's gross profit margin below forecast in the fourth quarter and a decline in inventory indicate margin challenges in growing ESS sales without meaningful cost increases and investment.
Rising ExpensesOverhead costs of $2.4M, up 130% y/y, exceeded the $1.6M forecast, indicating rising expenses impacting profitability.