NEWS ER
Positive
Revenue increased to $20.4 million, up $0.8 million from previous quarter
Revenue increased to $20.4 million, up $0.8 million from previous quarter
Gross margin improved to 25%, a 9% increase quarter-over-quarter
Non-GAAP operating expenses decreased by $0.7 million
Non-GAAP net loss on continuing operations improved by $2.6 million
Adjusted EBITDA improved by $2.2 million
Negative
Net loss on continuing operations increased to $14.5 million, up $6.7 million from previous quarter
Operating expenses increased by $3.4 million, including $4.3 million in restructuring and asset impairment charges
Cash and cash equivalents decreased by $3.0 million to $9.0 million
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