Gross MarginsGross margins for the quarter were 21.5%, compared to 15.1% in 1Q24.
Strategic OpportunitiesWestport Fuel Systems could take advantage of the restructured balance sheet to pursue acquisitions that could support commercialization efforts.
Technology And InnovationThe company's future business model is expected to be focused on leveraging its HPDI technology to develop products for alternative fuel solutions, including LNG, CNG, RNG, and hydrogen systems.