EarningsThe company reported negative Adjusted EBITDA of $(6.4) million, down from $400K year-over-year.
Hardware SalesHardware revenue for the quarter was $10.4 million, down 72% from last year, mainly due to the company shifting away from their previous over reliance on hardware sales.
Revenue DeclineQuarterly revenue totaled $41.3 million, marking an 18% decrease from the previous year.