Revenue Performance: Q3 revenue reached $7.9 million, up 2.54% YoY (vs. $7.7 million in Q3 2024) and up 23.71% QoQ.
Profitability: Gross profit was $1.849 million with a margin of 23.4%. The operating income was negative at -$700,000, showing a decline in operational health compared to the previous year.
Cash Flow: The net cash from operations was -$2.119 million, signaling ongoing cash flow challenges despite a cash balance of $1.089 million at quarter-end.
Balance Sheet Health: Current ratio at 2.6 indicates good short-term liquidity. Long-term debt increased to $6 million, reflecting new credit facilities, while total liabilities now amount to $11.8 million, presenting a careful balance of growth and risk.