Cash Flow ExpectationsInvestments in TriNav commercial efforts have led the company to no longer expect cash flow positivity in FY25, now expected in the first half of 2026.
Financial ReportingThe company plans to delay filing its 10-K for 2024 due to errors in determining stock-based compensation and R&D expense timing.
Gross MarginGross margin came in lower than expected at 84% vs. prior quarters in the upper 80s, stemming from reduced manufacturing related to clean-room expansion.