Gross MarginGross margin for the quarter was negative 49.5% compared to an average of 61.0% during the previous three quarters, impacted by three orders that were returned.
International SalesGiven the volatility around tariffs being considered by the Trump administration, investors should temper expectations around international sales execution in 2025.
Revenue DeclineThe company posted net revenue of roughly $1.1M in 4Q24, compared to $1.5M in 4Q23, indicating a 30% year-over-year decline.