Core Insights - Newton Golf reported a significant revenue increase of 246% year-over-year, reaching $1.2 million in Q1 2025 compared to $350,000 in Q1 2024, driven by strong demand for its products [7][10] - The company achieved a gross profit of $852,000, a 348% increase from $190,000 in the prior-year period, with gross margins expanding to 70% from 54% [7][10] - The adoption of the Newton Motion shaft by over 30 professional golfers across major tours validates the company's technology and market direction [4][7] Financial Performance - Revenue for Q1 2025 was $1.2 million, a 246% increase from $350,000 in Q1 2024 [7][10] - Gross profit rose to $852,000, up 348% from $190,000 in the same period last year [7][10] - The net loss decreased to $0.5 million, or ($0.55) per share, compared to a net loss of $1.2 million, or ($24.85) per share in Q1 2024 [7][10] Operational Highlights - Shaft sales grew by 314% year-over-year, indicating strong market acceptance [6] - The company has $5.9 million in cash as of March 31, 2025, positioning it well for strategic scaling [7] - Management emphasized a focus on expansion, including new products and markets, while maintaining financial discipline [9] Strategic Developments - The company secured distribution agreements with two of Japan's largest golf retailers, enhancing its international presence [11] - Newton Golf showcased its full product lineup at the 2025 PGA Show, highlighting innovations in shafts and putters [11] - The company anticipates full-year 2025 revenue to range between $6.5 million and $7.0 million, reflecting continued growth [9]