Cash Flow ChallengesF1Q26 cash burn of $2.5M was above the forecast, indicating higher than expected cash outflow.
Profit Margin PressureDespite the highest quarterly revenue, the company's gross profit margin was significantly below expectations, indicating potential financial challenges.
Rising ExpensesOverhead costs of $2.4M, up 130% y/y, exceeded the $1.6M forecast, indicating rising expenses impacting profitability.