Revenue for Q1 2025 was $4 million, reflecting a 20% year-over-year decrease and an 18% sequential decline. Gross margins were reported at 50.4%, slightly lower than the previous year’s 51%. CEO Kevin ...
Mills stated, "as we believe the market will remain soft during the rest of 2025, we will have to continue to manage our expenses tightly." He added, "our outlook has changed. We now expect to be ...