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Gross profit was $4.7 million compared to $4.5 million during the first quarter of 2024. Operating (loss), inclusive of all non-cash and non-recurring charges, was $(1.6) million compared to $(2.7) million in the first quarter of 2024.
Adjusted EBITDA was $0.3 million for the second quarter and excludes non-cash charges, such as stock-option and warrants expense of $1.3 million, and depreciation and amortization of $0.6 million, compared to $(0.1) million for the first quarter of 2024 and $0.1 million for the second quarter of 2023.
Posted In: CTM