Company Reports Q4 Revenue of $14.2M, Up 11.2% Year-over-Year
Reports Q4 revenue $14.2M vs. $12.8M last year. Cameron Pforr, CEO, said: "We delivered another year of strong top-line performance, with revenues increasing 11.2% over 2024, which extended our record of annual revenue growth since the Company's IPO in October 2022. The growth in revenues was fueled by a significant increase in our backlog, which grew 61.9% to $76.4M as of December 31, 2025. This reflects the continued demand for our products and solutions and the strength of our relationship with our customers. While 2025 gross margin was lower than 2024, gross margin has improved for three consecutive quarters to 46.9%, which we believe more accurately reflects the underlying strength of our business.