Financial Data and Key Metrics Changes - First quarter gross billings increased by 74.6% compared to the same period last year, reaching US$21.9 million [7][10] - Net revenues for the first quarter were US$18.2 million, a 93.1% increase from the same quarter last year, driven by an increase in active students and lesson consumption [10] - Gross margin for the first quarter was 77% [10] - Operating expenses for Q1 were US$15.3 million, a 35.6% increase year-over-year [11] - The operating loss for Q1 was US$1.3 million, while the net loss attributable to ordinary shareholders was US$1.5 million, a 63.2% decrease from the same quarter last year [12] - Total cash, cash equivalents, and time deposits at the end of Q1 were US$29.5 million [12] Business Line Data and Key Metrics Changes - Sales and marketing expenses in Q1 were US$11.1 million, a 42.7% increase from the same quarter last year due to higher personnel costs and marketing activities [11] - Product development expenses for Q1 were US$1 million, a 9.8% increase year-over-year [12] - General and administrative expenses in Q1 were US$3.2 million, a 23.8% increase compared to the same quarter last year [12] Market Data and Key Metrics Changes - The company is seeing promising early returns from strategic investments in new regions, indicating positive momentum in the second quarter [8] - The outlook for Q2 2025 expects net gross billings to be between US$24.5 million and US$25.5 million, based on current market conditions [13] Company Strategy and Development Direction - The company is focused on optimizing its organizational structure and accelerating AI training and adoption across the company [8] - There is a commitment to deepen user engagement and foster stronger connections with the community [8] - The company aims to establish leadership positions in core markets and outperform incumbents in mature markets while leveraging advantages in emerging markets [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the sustainable growth trajectory of operations and highlighted the robustness of the business model [7] - The company is proactively addressing the complexities of managing a growing multi-market business [8] Other Important Information - The earnings press release includes discussions of unaudited GAAP financial information and unaudited non-GAAP financial measures, with reconciliations provided [5] Q&A Session Summary - There were no questions during the Q&A session [15]

LINDSAY, Ontario, June 05, 2025 (GLOBE NEWSWIRE) -- Today, the Advanced Coronary Treatment (ACT) Foundation joined Hydro One Inc. (Hydro One) and partners at I.E. Weldon Secondary School in Lindsay to mark the milestone of more than 25,000 Haliburton – Kawartha Lakes area students now trained through the ACT High School CPR and AED Program. This milestone reflects ACT’s ongoing commitment to equip youth with the tools and confidence to act in a cardiac emergency. It also recognizes the more than 10 per cent ...

Core Points - Reddit is suing Anthropic for allegedly using its data to train AI models without a proper licensing agreement, claiming this use was unlawful and violated Reddit's user agreement [1][2] - This lawsuit marks Reddit as the first major tech company to legally challenge an AI model provider regarding its training data practices, joining other publishers in similar legal actions [2][3] Company Actions - Reddit has previously established agreements with AI model providers like OpenAI and Google, allowing them to train AI models on Reddit's data under specific terms that protect user interests and privacy [5] - Reddit's legal complaint states that Anthropic's scraper bots ignored the site's robots.txt files, which are intended to prevent automated systems from crawling websites [8] Legal Claims - Reddit is seeking compensatory damages and restitution for the enrichment Anthropic gained from scraping its content, along with an injunction to stop Anthropic from using Reddit's content [9] - Reddit's chief legal officer emphasized the company's stance against profit-seeking entities exploiting Reddit content without compensation or respect for user privacy [4][6]

LOS ANGELES, June 02, 2025 (GLOBE NEWSWIRE) -- InStride, a leading provider of strategic education and skilling solutions, has facilitated a unique partnership between Arizona State University’s College of Health Solutions and Labcorp, a global leader of innovative and comprehensive laboratory services, to launch a Master of Science in Cytology. ASU’s online graduate program addresses the severe shortage of cytotechnologists—specialists essential to cancer detection and diagnostics. With only 19 training pr ...

The Bureau of Industry and Security (BIS) is providing guidance to help increase industry's awareness of illegal diversion schemes involving advanced computing integrated circuits (ICs) and commodities that contain such ICs, which have been subject to BIS export restrictions since October 2022, as updated several times since then. 1 1 Advanced computing ICs and commodities that contain such ICs include Export Control Classification Numbers (ECCNs) 3A090.a, 4A090.a, and .z items in Categories 3, 4, and 5, su ...

Financial Data and Key Metrics Changes - Total revenue for Q1 2025 was $7,200,000, a 3% decrease from $7,300,000 in the prior year due to delayed deliveries [25][26] - Gross profit improved to $5,200,000, representing 73% of total revenue compared to 64% in the prior year, reflecting a 25% decrease in cost of sales [26] - Operating income increased 110% to $1,400,000 compared to $650,000 in the prior year [27] - Net income for the quarter was $1,300,000 or $0.11 per diluted share, a 170% increase from $470,000 or $0.04 per diluted share in Q1 2024 [27] - Adjusted EBITDA increased 22% to $1,700,000 compared to $1,400,000 in the prior year [27] - Cash and cash equivalents totaled $17,600,000 as of March 31, down from $18,000,000 at year-end [27] Business Line Data and Key Metrics Changes - Government revenue for Q1 was $5,200,000, down from $6,700,000 in the prior year, while international revenue increased to $1,900,000 from $550,000 [25][26] - Bookings for the quarter totaled $6,400,000, more than double the $2,900,000 reported in Q1 2024 [28] - Backlog as of March 31, 2025, stood at $21,200,000, segmented into $9,900,000 in capital, $5,800,000 in service, and $5,500,000 in STEP contracts [29] Market Data and Key Metrics Changes - The company noted that sales cycles are taking longer due to funding being held back during internal reviews and leadership transitions [6] - Interest in flexible purchasing pathways, including subscription-based models, is increasing among agencies [7] Company Strategy and Development Direction - The company is focusing on operational execution and adapting to economic uncertainties while reinforcing its role as a trusted training partner [5] - Strategic actions include early coordination with agencies during budgeting processes and aligning offerings with agency needs [9] - The company is enhancing its marketing function and digital strategy to improve lead capture and engagement [12][14] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing macro headwinds affecting customer decisions but emphasized the importance of training mandates [5][6] - The company is confident in its ability to convert backlog into revenue and support scalable growth despite funding constraints [24][30] Other Important Information - The VXR extended reality platform is generating interest, with two units sold and more in discussions [15][16] - The company is expanding its certified training content, now offering over 120 hours of certified courses [19] Q&A Session Summary Question: Did macro dynamics contribute to any orders being pulled into Q1? - Management indicated that it was unclear if macro dynamics influenced order timing, noting that some agencies were trying to spend budgeted funds before potential shutdowns [34][35] Question: Is there demand for VXR from other market verticals? - Management confirmed that grant activity is driving demand for VXR, with interest from adjacent markets like healthcare and private security [36] Question: Are customers being forced into three-year agreements for the STEP program? - Management clarified that while customers are encouraged to move to three-year agreements, it is not strictly enforced, but it is a tactic to advance the sales cycle [38][39][41]

Lincoln Educational Services (LINC) Q1 2025 Earnings Call May 12, 2025 10:00 AM ET Company Participants Michael Polyviou - Managing MemberScott Shaw - Chief Executive Officer and PresidentBrian Meyers - Executive VP, CFO & TreasurerAlex Paris - PresidentRaj Sharma - Managing Director Conference Call Participants Eric Martinuzzi - Senior Research AnalystSteven Frankel - Managing Director, Senior Research AnalystLuke Horton - VP - Senior Equity Research AnalystGriffin Boss - Equity Research Analyst Operator G ...

Financial Data and Key Metrics Changes - Revenue increased by 16% to $117.5 million, marking the eighth consecutive quarter of double-digit revenue growth [23][30] - Adjusted EBITDA grew by 56% to $10.6 million, with an adjusted EBITDA margin rising to 9% from 7% in the prior year [30][32] - Net income was $1.9 million or $0.06 per diluted share, while adjusted net income was $3.5 million or $0.11 per diluted share [31][32] Business Line Data and Key Metrics Changes - Student starts at 21 campuses grew by 20% over the prior period, continuing a trend of double-digit growth for six consecutive quarters [9][30] - Transportation and Skilled Trades programs saw a robust 32.4% increase in stock growth, while healthcare and other professions experienced a decline of 6.3% due to program optimizations [24][25] Market Data and Key Metrics Changes - The company is successfully meeting the growing demand for educational alternatives to traditional four-year colleges, with a focus on closing the workforce skills gap [10][19] - The East Point campus in Atlanta opened in March 2024 and contributed over $4 million in revenue during Q1 2025, becoming profitable ahead of schedule [10][100] Company Strategy and Development Direction - The company is focused on expanding its network of schools by replicating in-demand programs and opening new campuses in underserved markets [16][19] - The Lincoln ten point zero hybrid teaching model has provided increased flexibility for students, contributing to higher graduation rates and attracting corporate partners [8][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving approximately $550 million in organically generated revenue and $90 million in adjusted EBITDA by 2027 [7][32] - The company anticipates continued strong demand for skilled trades training, driven by initiatives in manufacturing, electrical utilities, and military needs [17][19] Other Important Information - Capital expenditures for 2025 are expected to range between $70 million and $75 million, supporting new campuses and program expansions [27][35] - The company has amended its credit facility to increase financial flexibility, ending the quarter with approximately $90 million in total liquidity and no debt outstanding [27][28] Q&A Session Summary Question: Can you provide additional color on the strong demand and increased marketing efficiencies? - Management noted that improved marketing efficiencies were due to vendor collaboration and increased awareness, leading to lower overall costs [38][39] Question: What is the update on regulatory changes and their impact? - Management indicated that the administration is supportive of trade education, and while there are changes at the Department of Education, they maintain strong contacts to ensure timely approvals [46][47] Question: Are all new programs approved by the Department of Education? - Management confirmed that all new programs are approved except for the welding program in Rhode Island, which is pending [52] Question: How much of the healthcare start contraction is due to specific program suspensions? - Management stated that outside of the suspended programs, healthcare starts grew by approximately 6% [61] Question: What is the expected cadence of capital expenditures throughout the year? - Management indicated that Q2 is expected to be one of the heaviest quarters for capital expenditures, slightly exceeding Q1 [96]

LLM 的系统提示就是在对话一开始递给 AI 的"一页说明书"，用来告诉它该扮演什么角色、遵守哪 些规则、用什么方式回答用户。 大概来看一下这么长的提示词里面主要都是一些什么内容： 而且整个提示词中充满了临时修改的的痕迹，这些修改往往没有使用 XML 或者 Markdown 格式的列表，就 是一段话，看起来像是针对一些热点事件或者问题修复打的补丁。 **Acknowledgments** I would like to thank my supervisor, for his kind of support. I would like to thank my supervisor, for his kind of support. 如果懒得看内容可以听一下，播客使用 listenhub 制作 前几天 Cluade 新的系统提示词泄露了，居然有 16,739 个单词，非常长。 相比之下，OpenAI 在 ChatGPT 中的 o4-mini 的系统提示有 2,218 个单词，只是 Claude 的 13%。 什么是系统提示词 Claude 整个系统提示词这么长维护和更新甚至版本控制应该都需要一个专门的流程，不然 ...

Z Highlights 姚顺 雨 是斯坦福大学自然语言处理研究员， OpenAI 员工 ，专注于强化学习与语言模型融合研究。本文译自姚顺 雨 于 2025 年 4 月 10 日发布的英文博客 《 The Second Half 》，内容整合了他在斯坦福课程 CS224N 及哥伦比亚大学前沿论坛的核心演讲观点。 我们正处于AI的中场阶段。几十年来，AI的核心一直是开发新的训练方法和模型。这条路奏效了：从在国际象棋和围棋上击败世界冠军，到在SAT和律师 资格考试中超越大多数人类，甚至赢得IMO和IOI金牌。 这些载入史册的里程碑——DeepBlue、AlphaGo、GPT-4，以及o系列模型——背后是AI方法的根 本性创新：搜索、深度强化学习、模型规模化，以及推理。 一切都在不断变得更好。 那现在究竟发生了什么变化？用三个词概括：强化学习终于奏效了。更准确地说：强化学习终于具备了泛化能力。经历了多次重大的绕行与一系列里程碑 之后，我们终于找到了一个通用的有效配方，能够利用语言和推理解决各种各样的强化学习任务。哪怕是在一年前，如果你告诉大多数AI研究人员，一个 统一的方法可以同时解决软件工程、创意写作、IMO级别 ...