Financial Data and Key Metrics Changes - In Q2 2025, the company achieved record revenue of approximately $4 million, up 63% from the same quarter in 2024 [5][26] - The first quarterly profit was reported at $0.22 per share, attributed to the Bitcoin treasury strategy [5] - The balance sheet includes approximately $140 million in cash and Bitcoin, indicating strong capitalization for growth [6][29] - Product revenue increased by 74% year over year, while service revenue decreased by 57% [27] Business Line Data and Key Metrics Changes - Product revenue per customer grew by 4.6%, while service revenue per customer declined by 50% [27] - Gross margin for Q2 was 18%, down due to unanticipated labor hours and Bitcoin price effects [28] - The company is transitioning from a design and testing service model to a product-focused model, with expectations to double revenue in 2025 compared to 2024 [6][7] Market Data and Key Metrics Changes - The subsea battery system market is projected to grow from approximately $1.2 billion in 2024 to $3.5 billion by 2035 [20] - The company is exploring new markets, including exoskeleton technology, which is expected to grow quickly and contribute to revenue in 2025 [23] Company Strategy and Development Direction - The company aims to leverage its Bitcoin treasury strategy to build a portfolio of frontier technologies, including high-performance energy systems and AI robotics [13][24] - The Cooler One platform is positioned as a key growth engine, with plans to introduce new products for unmanned vehicles and industrial applications [6][7] - The company is focused on enhancing shareholder communications and addressing negative sentiments in the market [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth trajectory, emphasizing the importance of the Cooler One platform and its advanced battery products [16][21] - The management acknowledged the challenges posed by negative market sentiments and short-selling reports but remains focused on long-term growth [11][72] Other Important Information - The company has no material debts and maintains a strong cash position, with a current accounts receivable of about $4.2 million [29] - The reverse stock split was executed to attract institutional investors, not for compliance reasons [9][12] Q&A Session Summary Question: What is the traction with DOD regarding Vibe and helicopters? - The product can balance various helicopters, and significant work has been done with DOD customers [30][31] Question: Why are SG&A costs increasing while sales growth is not keeping pace? - SG&A costs reflect planned investments for future growth, despite record revenue [33][34] Question: Why should shareholders continue to hold shares given dilution concerns? - The ATM strategy has strengthened the balance sheet, allowing for continued investment in growth areas [36][37] Question: Is there any class action lawsuit against the company? - The company is not aware of any class action litigation against it or its officers [44] Question: What is the current status of the K1DS testing services division? - The investment in K1DS has been completed, and the focus is now on strategic key customers [63] Question: What is the rationale behind the reverse stock split? - The reverse split was voluntary to attract institutional investors and strengthen the shareholder base [39][66] Question: What is the company's strategy regarding Bitcoin and product development? - Bitcoin is a key part of the treasury strategy, but the company continues to focus on technology and product development [76] Question: What is the current hash rate and target for Bitcoin mining? - The current hash rate is approximately 900 petahash, with a target to reach one exahash by fall [77][78] Question: What is the status of the Texas Space Commission order? - The grant program is progressing well, and a satellite manufacturing partner is being selected [79]

Core Insights - The AI robotics company has experienced significant growth in 2025, leading to increased investor interest in the stock [1] Company Performance - Stock prices referenced were from the afternoon of June 18, 2025, indicating a specific time frame for the company's performance analysis [1] - The video discussing the company's performance was published on June 20, 2025, suggesting timely insights into the company's market position [1] Investor Sentiment - Investors are questioning whether they have missed out on the opportunity to invest in this innovative growth stock, reflecting a broader interest in the AI robotics sector [1]