Cash Flow ConcernsF1Q26 cash burn of $2.5M was above the forecast, indicating higher than expected cash outflow.
Expense IncreaseOverhead costs of $2.4M, up 130% y/y, exceeded the $1.6M forecast, indicating rising expenses impacting profitability.
Profitability ChallengesDespite the highest quarterly revenue, the company's gross profit margin was significantly below expectations, indicating potential financial challenges.