Aug. 12 at 8:32 PM
$SSTI
🚨 🚨 🚨
Reaffirmed full-year 2025 revenue guidance of
$111.0-113.0 million, representing 10% YoY growth
Expanded to 4 new cities, 1 new university, and 4 existing customer expansions
Maintained strong ARR growth projection from
$95.6M to
$110.0M by 2026
Available credit facility of
$21.0 million provides financial flexibility
Revenue decreased 4% YoY to
$25.9 million
GAAP net loss widened to
$3.1 million from
$0.8 million YoY
Gross margin declined to 53% from 60% YoY
Lost significant Chicago contract impacting revenue by
$2.8 million
