Gross Margin VariabilityConsolidated gross margin was 42%, contracting from 44% in 2Q25, due to product sales mix.
Revenue Guidance DowngradeManagement lowered the range for 2025 revenue guidance to $12M–$12.5M, up 38%–44% y/y, from at least $13M.
Shipping Delays3Q25 sales were impacted by a shipping and transit issue that delayed inventory arrival from late August to late September.