Core Insights - The company experienced sustained momentum entering 2025, following a record fiscal 2024 with a $6 million year-over-year improvement in adjusted EBITDA and expanded gross margin [4] - Q2 2025 marked the fifth consecutive quarter of positive adjusted EBITDA, approximately $1 million, representing a 24% year-over-year increase, with gross margin expanding to 48% from 45.5% in Q2 2024 [5] - The first half of 2025 saw gross margin nearly reaching 50%, up from 44.9% in the same period last year, indicating scalability and operating leverage of the AI-driven platform [5] - A significant milestone in SaaS adoption was achieved in Q2, with the signing of the largest SaaS contract to date, involving the implementation of VIQ's NetScribe platform across 9 judicial entities [6]