Second Quarter 2026 Business Outlook

  • Second quarter 2026 net revenues are expected to increase to $10.0 million, plus or minus $0.5 million, which at the midpoint represents over 16% sequential growth. Non-GAAP gross margin is expected to be 39.25%, plus or minus 75 basis points, which at midpoint represents 25 basis point increase, and non-GAAP operating expenses are expected to be approximately flat sequentially in a range between $14.5 and $15.5 million.