Adjusted EBITDA, buffered by our expense management actions and ongoing restructuring initiatives, was a loss of $846,000 and exceeded the top end of our guidance range by approximately $3.7 million due to the previously described $2 million of higher gross profit, as well as $1.7 million of lower below-the-line expenses.

May 10, 2023 / CFO / receipt, needs a key / Mark Venza, CFO | earnings call 2023-05-10 | transcript 659e2665-c313-44eb-923f-bf37c439ff20 | chars 10137-10460 | segment 10

Below-the-line expenses were lower due to ongoing expense management initiatives and higher capitalization of R&D expenditures.

May 10, 2023 / CFO / receipt, needs a key / Mark Venza, CFO | earnings call 2023-05-10 | transcript 659e2665-c313-44eb-923f-bf37c439ff20 | chars 10461-10588 | segment 10