Financial Data and Key Metrics Changes - ECD Automotive Design reported record revenue of $7 million for Q2 2025, an increase of $500,000 compared to Q2 2024, marking the highest quarterly revenue in the company's history [17] - Gross profit for the quarter was $1.4 million, down $700,000 from Q2 2024, resulting in a gross margin of 20%, compared to 32% in the prior year, primarily due to higher shipping and customs fees [17][18] - The net loss increased to $4.3 million from $2 million in Q2 2024, with a loss per share of 11 cents compared to 6 cents in the prior year [19] Business Line Data and Key Metrics Changes - The company has expanded its offerings to include custom-built Ford Mustangs, with the first Mustang, Project Ghost, being delivered in Q2 2025 [8][9] - The Mustang program is expected to diversify revenue streams and deliver high margins while leveraging existing manufacturing capabilities [9][11] Market Data and Key Metrics Changes - ECD operates within a $94 billion global classic car ecosystem, with strong demand for bespoke luxury vehicles [6] - The company has seen positive performance in its retail locations, contributing to backlog growth and accelerating inventory conversion into cash [10][11] Company Strategy and Development Direction - ECD is focusing on a capital-light model with scalable manufacturing and multiple growth channels, including retail and licensing [6] - The company has implemented cost-saving initiatives and secured a $500 million equity facility for strategic accumulation of Bitcoin, aligning with its view of Bitcoin as a next-generation store of value [12][13] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges in the current macro environment, including higher costs associated with tariffs and shipping, but remains optimistic about the company's growth trajectory [8][12] - The company is committed to regaining compliance with NASDAQ listing requirements and strengthening its balance sheet through various financial maneuvers [21][22] Other Important Information - ECD has engaged an advisory firm to navigate the NASDAQ compliance process and has filed a registration statement for 300 million shares in connection with its equity line of credit [21][22] - The company has raised an additional $1.7 million in equity capital to fund operations and improve its shareholder deficit [22] Q&A Session Summary Question: Details on Mustang rollout and pipeline deliveries for the next twelve months - Management highlighted the learning experience from the Mustang rollout, addressing initial challenges with part supply and production models, and expressed confidence in streamlining production for future units [25][26][29] Question: Is the $500 million Bitcoin financing more of a marketing tool or financing tool? - Management clarified that the financing serves as a combination of both, aimed at engaging the crypto demographic while also funding business expansion and new retail units [30][31]