Gross MarginsGross margins may decline by 20-25 basis points per quarter as the company exits the legacy processor business at lower margins and could fall below 60% as prices are optimized to compete with larger competitors.
Operating ExpensesOperating expenses continue to rise, potentially reaching $215 million, indicating increasing costs and impacting profitability.
Revenue FunnelThe automotive revenue funnel has decreased to $2.2 billion from $2.4 billion due to pushouts, cancellations, and slower L2 adoption, impacting growth visibility.