The company states: “We expect gross margin improvements of more than 100bps in 2025 from 2024 based on the following factors: The introduction of our MAX2 360-camera; Identified product cost, operating cost as well as tariff savings due to continued supply; Chain diversification outside of China; Subscription ARPU growth and subscription cost improvements. We expect our full-year 2025 operating expenses to be in a range of $250 million to $260M, down $100M or nearly 30% year-over-year. With the anticipated decline in unit sales in 2025 from 2024, our subscriber count is expected to be approximately 2.4 million at the end of 2025, and we expect subscription and service revenue in 2025 to be down slightly at approximately $105M.” Comments taken from investor presentation slides.
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