Financial Data and Key Metrics Changes - Revenue for Q2 2025 increased by 89.4% year-over-year to $24.1 million from $12.7 million in the prior year period, and sequentially increased by 27.7% [10][12] - Adjusted EBITDA for Q2 2025 was $1.1 million compared to an adjusted EBITDA loss of $6.4 million in the prior year period [12] - GAAP net loss for Q2 2025 was $4.4 million, a significant improvement from a net loss of $11.3 million in the prior year period [12] Business Line Data and Key Metrics Changes - MLPE revenue represented $20.6 million or 85.7% of total revenues, while Go ESS contributed $2.3 million or 9.4%, and PREDICT plus and licensing revenue accounted for $1.2 million or 4.9% [11] - Gross profit for Q2 2025 was $10.8 million, representing 44.7% of revenue, compared to a gross profit of $3.9 million or 30.4% in the comparable year-ago period [11][12] Market Data and Key Metrics Changes - EMEA region revenue was $18.3 million, accounting for 75.9% of total revenues, while Americas revenue was $4.6 million (19.1%) and APAC revenue was $1.2 million (5%) [10][11] - The company reported increased market share gains in key markets such as Germany, the Czech Republic, and Poland [6][40] Company Strategy and Development Direction - The company aims to maintain its growth trajectory and believes its value proposition remains strong despite market challenges [6][18] - Tigo Energy plans to increase capacity and replenish inventories in response to rising demand, with expectations for several new product announcements in the future [9][17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued growth, citing a backlog and bookings that exceed Q2 revenue results [7][18] - The company anticipates a positive EBITDA for the year and expects revenues for Q3 2025 to range between $29 million and $31 million [17][30] Other Important Information - The company has largely resolved its excess inventory balance and is ramping up capacity with contract manufacturers [14] - Cash, cash equivalents, and marketable securities totaled $28 million at the end of Q2 2025, with a sequential increase of $7.7 million [14] Q&A Session Summary Question: Margin trends for Q3 and Q4, and outlook for 2026 - Management expects gross margins to remain in the low 40s for the remainder of the year, with a target model of 40% [21][22] Question: International and U.S. revenue split for Q2 and expectations for Q3 - U.S. revenue was 17% of total revenues for Q2, with 80% coming from international markets, primarily EMEA [24][25] Question: EBITDA outlook and potential for positive EBITDA by year-end - Management indicated that a positive EBITDA for the year is expected [30] Question: Strength in demand to offset potential U.S. market slowdown - Management believes there is enough strength in international markets to compensate for any U.S. market gaps [31][32] Question: Operating cost increases with improving revenues - Management plans to maintain operating expense discipline, with cash operating expenses expected to remain relatively flat [35] Question: Market share gains in key European markets - Management highlighted strong performance in Germany, the Czech Republic, and Poland, with significant market share gains [39][40]