Nov. 14 at 2:34 AM
$VLN although this bullet point from their recent Q3 highlights has me quite concerned. For the last year the primary selling point for VLN has been their automotive applications, and yet the revenue is not even flat, it's actually shrinking. Also their year over year revenue growth of 8% is not meeting any benchmark associated with a growing young business, and I don't think tarrifs were responsible.
" Q3 2025 Automotive revenues accounted for approximately 25% of total revenues at
$4.1 million, compared to
$4.3 million in Q2 2025 and
$6.6 million in Q3 2024."