Financial Performance - RIWI reported revenues of $1,495,370 for the quarter ending June 30, 2025, representing a 45.7% increase from $1,026,112 in Q2 2024. Revenue sources included $868,718 in transaction revenue, $387,103 in recurring revenue, and $239,549 in project-based revenue. The twelve-month trailing revenue reached a record $6,039,778 as of quarter-end [4] - The company recorded a net loss of $336,380 and an operating loss of $291,248 for the period, compared to a net loss of $108,826 and an operating loss of $96,269 for the same quarter in 2024 [4][5] Cost Savings Initiatives - In early August 2025, RIWI initiated a Cost Savings Plan aimed at streamlining sales and operations, expected to yield annual cost savings of approximately $600,000, with impacts anticipated in Q3 2025 and full effects by Q4 2025 [4][6] Customer Engagement and Product Development - RIWI signed 32 customer contracts in the three months ended June 30, 2025, including 9 new customers, indicating continued demand for its solutions [4] - The company released two significant product enhancements: a self-service sample portal for customers to manage their projects independently and a synthetic AI data generator for researchers to access statistically robust data at a lower cost [4] Financing Activities - Subsequent to Q2 2025, RIWI reached an agreement with Pathfinder Asset Management Limited for a $1,000,000 CAD working capital loan, with a term of two years and an interest rate of 12% per annum. The loan will also include a bonus of 20% in common shares, amounting to $200,000 [4][8] Market Presence and Brand Building - RIWI continued to invest in brand visibility by participating in industry events such as the Insights Innovation Exchange in Europe and Quirk's Event in New York City, which support market acceptance of its research and sample solutions [4]