Aug. 20 at 12:18 PM
$ECDA Revenues were a record
$7.0 million in the second quarter of 2025, compared to
$6.5 million in the same year-ago quarter; driven by an increase in build revenue.
Gross profit was
$1.4 million in the second quarter of 2025, compared to
$2.1 million in the same year-ago quarter; primarily reflecting the impact of an evolving tariff environment.
Net loss was
$4.3 million in the second quarter of 2025, compared to a net loss of
$2.0 million in same year-ago quarter, the incremental loss was primarily driven by reduction in margin and increase in G&A and interest expense.
