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Financial Results

Fiscal Q3 2025 Financial Summary

Revenue of

$9.9 million

versus $7.2 million in Q3 2025

GAAP operating loss of

($5.9) million

versus ($5.4) million in Q3 2025

Adjusted EBITDA of

($4.8) million

versus ($4.3) million in Q3 2025

GAAP net loss per share of

($6.5) million

versus ($6.7) million in Q3 2025

Recent Business Highlights

  • Received acceptance from Puerto Rico Electric Power Authority (PREPA) for the installation of instrumentation on the first dam and the activation of the software system to be utilized across the Early Warning System (EWS).
  • Executed cost reduction actions expected to reduce operating expenses by $2.5 million annually, beginning 1Q 2026.
  • Named Cassandra Monteon interim Chief Financial Officer
  • Generated $4.3 million in revenues from Puerto Rico EWS project in fiscal 3Q 2025

Financial Results

  • FY 2025
  • FY 2024
  • FY 2023

For a complete list of SEC filings, please click here