Record Full-Year Revenue Growth
Revenue reached a record $62.1M in 2025, up 18.6% from $51.9M in 2024, driven by a large-scale launch and 20 new brand partners.
Quarterly Margin and Profit Improvement
Q4 2025 revenue was $12.5M (roughly flat YoY). Q4 gross profit improved to $3.4M from $2.8M (+21.4%) and gross margin rose to 27% from 22% (+5 percentage points). The company reported Q4 net income of $163K versus a net loss of $558K a year earlier (swing to profitability).
Strengthened IP and Product Recognition
Patent portfolio expanded by 20% to over 120 patents. Prototype Day Mode Hero Concealer was named a finalist across four Cosmetics & Toiletries Alle Awards categories, validating innovation and market resonance.
Manufacturing Consolidation and Capacity Leverage
Consolidated from 3 facilities to 2 while maintaining on-time-in-full (OTIF) performance; management claims existing capacity can support over $200M in revenue without further major investment and expects six-figure annual savings from consolidation.
Strategic Leadership and Transformative Plan
Added a seasoned CFO (Sept 2025) and a VP of Brand Partnerships; launched 'Transform and Transcend' with four pillars (operational excellence, tech-driven expansion, capture more value, collaborative globalization). Guidance includes a 30% gross margin floor, a plan to increase gross profit margin by at least 5% in 2026 vs 2025, and a target to return EBITDA to double digits.