Core Insights - The company achieved a revenue milestone of $0.5 billion in 2025, with approximately 50% of this revenue driven by AI-related products [1] Financial Performance - Performance was bolstered by the successful launch of the Hawk and Eagle Gen 5 platforms, which accounted for 30% of 2025 revenue [1] - Management reported strong cash generation of $61.2 million in Q4, attributed to optimized inventory levels and improved accounts receivable collection [1] Market Position - The company maintains a dominant position in the OSAT market, which represents roughly 50% of the business and is increasingly adopting CoWoS-like technologies [1] - Management emphasizes that they have not lost market share to competitors and expect to expand their total available market through new production step penetrations [1] Research and Development - Strategic R&D investments have focused on 3D metrology and 2D inspection capabilities to address the denser structures required for next-generation devices [1]