Advanced Energy Segment Performance
Sales of advanced energy products exceeded expectations at $12.1 million for Q4, showing a 30% sequential growth compared to Q3 2024.
Successful Direct-to-Consumer Campaign
The direct-to-consumer marketing campaign surpassed media placement goals by 187% and exceeded impressions goal by over 13,000%, significantly increasing brand awareness and consumer demand.
AYON Body Contouring System Development
The AYON Body Contouring System was submitted to the FDA 90 days ahead of schedule, with a planned launch in the back half of 2025, which is expected to boost equipment sales growth.
Cost Reduction and Restructuring
A restructuring program that reduced the U.S. workforce by 25% is expected to save approximately $4.3 million annually, with additional cost savings identified.
Improved Financial Metrics
Operating expenses decreased from $14.7 million to $12 million, and the net loss attributable to stockholders decreased from $9.6 million to $4.6 million year-over-year.