We continue to execute on our cost reduction initiatives and remain on track to achieve lower operating expense levels in the second half of the year.

ir_statement / Sep 15, 2026 / receipt

Disciplined cost management driving towards breakeven as revenue continues to scale.

ir_statement / Sep 15, 2026 / receipt

Product sales increased 84% year-over-year reflecting the on-going conversion of the design-win pipeline.

ir_statement / Sep 15, 2026 / receipt

Revenue growth primarily from 4G and RF Product: >$300 million 3-year revenue design win projects with 55% now in production; a more than 3x increase year-over-year.

ir_statement / Sep 15, 2026 / receipt

Several IP Licensing projects under discussion across a range of end markets and geographies.

ir_statement / Sep 15, 2026 / receipt

We maintain our goal of continuing to reduce operating expenses over the course of 2026 in support of our break-even goals for operating results and cash burn.

ir_statement / Sep 14, 2026 / receipt

Augment revenue with IP Licensing projects and diversification in new markets and regions.

ir_statement / Sep 14, 2026 / receipt

Continue supporting cost discipline with a clear path toward cash-flow break-even by end of 2026.

ir_statement / Sep 14, 2026 / receipt

We maintain our goal of continuing to reduce operating expenses over the course of 2026 in support of our break-even goals for operating results and cash burn.

ir_statement / Sep 14, 2026 / receipt