Improved Gross Margin
Gross margin increased from 35% in Q3 2024 to 41% in Q3 2025, reflecting improved negotiated rates with a primary supplier.
Adjusted EBITDA Improvement
Adjusted EBITDA improved to $0.8 million in Q3 2025 compared to $0.2 million in Q3 2024 due to improved gross margins and reduced operating expenses.
Cash Flow Positive Outlook
The company expects to remain cash flow positive for the full year of 2025, with no outstanding borrowings and $1 million available under its line of credit.