Fiscal 2025 Business Update and 2026 Current Trend:
- Fiscal 2025 preliminary revenue of $151.8 million with same-store revenue improving to end the year down single digits in December.
- Fourth Quarter 2025 preliminary revenue of $33.4 million with same-store revenue down approximately 16%.
- Refreshed marketing strategy delivered positive comparable sales in February; Company expects Q1 2026 revenue of $38.5 - $39.5 million representing same-store revenue of approximately flat at the midpoint.
- Cash as of March 13, 2026, was $13.0 million and debt was $46.0 million.
Yogi Jashnani, Chief Executive Officer, stated: "I am encouraged by the momentum we are seeing as we enter 2026. The significant strategic changes made during the period to recalibrate our marketing, expand into adjacent procedures and tighten our operations drove meaningful improvement in our demand and sales trend at year end and resulted in the delivery of positive revenue in February 2026 compared to the prior year period."
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