Revenue surged 77% to $148.9 million, net income reached $44.9 million, and gross margin improved to 50%, driven by new product launches and expanded direct sales. The company strengthened its working capital and cash position, but faces ongoing competitive, regulatory, and customer concentration r…
Revenue surged 77% to $148.9 million, net income reached $44.9 million, and gross margin improved to 50%, driven by new product launches and expanded direct sales. The company strengthened its working capital and cash position, but faces ongoing competitive, regulatory, and customer concentration risks.
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