Record Quarterly Revenue
Q2 2025 was the highest revenue quarter in company history with net sales reaching $4.1 million, representing a 114% year-over-year growth and an 83% sequential increase from Q1 2025.
Gross Margin Expansion
Gross margin improved by 800 basis points to 26.4%, up from 17.7% in Q1 2025 and 15.4% in Q2 2024, marking the third consecutive quarter of margin expansion.
Dealer and Distribution Network Growth
Added two national distributors, expanding the dealer network significantly with the potential to support over $21.5 million in annual revenue.
Production Scaling
Production targeting 200 units per day by late Q3 2025, up from 50 units per day at the start of the year.
New Product Developments
Launch plans for HD3, SOLIS, and COR products in the second half of 2025 with potential new revenue streams.
Improved Operational Efficiency
Operational loss improved to $3.62 million from $4.26 million in Q1 2025. Operating cash usage in Q2 was approximately $3.1 million, a 19% improvement from Q1 2025.