Financial Data and Key Metrics Changes - In Q4 2025, total revenue was $49.7 million, down from $54.6 million in Q4 2024, a decrease of $4.9 million [14] - For the full year 2025, revenues totaled $212.5 million, an increase of $4 million or 2% from $208.4 million in 2024 [15] - Same-store sales dropped by 11.6% in Q4 2025, contributing to a decrease in customer traffic [5][14] - Adjusted EBITDA for Q4 2025 was negative $2.7 million, compared to $2.1 million in Q4 2024 [22] - The company reported a net loss before income taxes of $12.5 million in Q4 2025, compared to a net loss of $1.2 million in Q4 2024 [20] Business Line Data and Key Metrics Changes - The company opened 15 new restaurants in 2025, including 6 in South Korea, bringing the total to 57 [6] - The company entered a joint venture with Chubby Cattle International for 5 non-performing restaurants, which will be operated under the Chubby Cattle brand [6] - Adjusted net income for Q4 2025 was a loss of $5 million, compared to adjusted net income of $1.4 million in Q4 2024 [21] Market Data and Key Metrics Changes - The company sold approximately $29 million in gift cards to Costco in 2025, a 150% increase from the previous year [8] - The CPG (Consumer Packaged Goods) business has expanded to over 800 locations in various supermarkets, with plans to reach 1,500-2,000 locations by the end of 2026 [12] Company Strategy and Development Direction - The company is focusing on improving operations and margins at existing restaurants while slowing down new restaurant openings [24] - The CPG business is expected to be a significant growth driver, with projected annual revenue exceeding $100 million within three years [12] - The company is leveraging its restaurant infrastructure for the CPG business, minimizing upfront investments [33] Management's Comments on Operating Environment and Future Outlook - Management noted that the restaurant industry is facing challenges due to immigration enforcement and rising fuel prices, impacting customer traffic and discretionary spending [5] - The company anticipates full-year revenues of $215 million to $225 million in 2026, with restaurant-level adjusted EBITDA margins targeted at 15% to 15.5% [25] - Management expressed confidence in the CPG business due to strong consumer interest and cultural trends favoring Korean food [38] Other Important Information - The company has approximately $2.8 million in cash and cash equivalents as of December 31, 2025, with a majority of its $20 million revolving credit facility available [23] - The company expects a reduction in G&A expenses due to decreased new restaurant openings in 2026 [19] Q&A Session Summary Question: Can you provide more details on the revenue guidance for 2026? - The company expects retail contributions to reach a $20 million run rate by the end of 2026, with core restaurant revenues in the $205 million range [29] Question: What are the expectations for new store openings? - The company has five new stores under construction and may open one or two more by the end of 2026 [30] Question: What are the anticipated upfront investments in the retail business? - The company does not expect significant infrastructure costs as it will leverage existing restaurant infrastructure, focusing on inventory costs [33]

Financial Data and Key Metrics Changes - In Q4 2025, total revenues increased to $1.93 million from $1.79 million in Q4 2024, driven by higher product sales and increased grant revenues [10] - Year-to-date revenues for FY 2025 were $4.79 million, down from $5.29 million in the prior year, primarily due to lower service revenues [11] - Margins on products, services, and grant revenues improved to 24.2% in Q4 2025 from 15.8% in the same period last year, with year-to-date margins at 39.1% compared to 33.1% [11] - Net loss attributable to common stockholders increased to $6.1 million in Q4 2025 from $5.1 million in Q4 2024, mainly due to a one-time inventory impairment charge [15] Business Line Data and Key Metrics Changes - The company is transitioning from vehicle-to-grid deployments to stationary storage, with a focus on battery management and AI integration [3][4] - The inventory impairment charge of $3.47 million was recognized for non-conforming 125 kW V2G DC chargers, reducing their carrying value to zero [13] - Cash operating expenses decreased significantly to $2 million in Q4 2025 from $5.2 million in Q4 2024, reflecting lower payroll expenses [14] Market Data and Key Metrics Changes - Megawatts under management increased by 7.5% quarter-over-quarter to 28.3 MW but decreased by 7.6% year-over-year, with 0.2 MW from stationary batteries and 28.1 MW from EV chargers [19][20] - The company has announced three battery projects in Europe totaling 150 MW, with compensation varying significantly based on project specifics [5] Company Strategy and Development Direction - The strategic pivot towards stationary battery deployments is seen as the right path, with partnerships in Europe and Japan expected to drive growth [4][8] - The partnership with Omnia Global aims to deploy over 1 GW of battery capacity across Europe in the next 24 months [5] - The company is also exploring different business models in Japan, including battery rentals and aggregating services [6] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the pivot towards stationary storage, emphasizing the importance of battery deployments in Europe and Japan for future success [22] - The company anticipates improvements in cash burn due to lower operating costs and expects further growth in megawatts under management in 2026 [21] Other Important Information - The hardware and service backlog decreased to $3.3 million as of December 31, 2025, down from $18.3 million a year earlier, primarily due to the termination of the Fresno EV infrastructure project [20] Q&A Session Summary - No questions were raised during the Q&A session, leading to a conclusion of the call without any additional inquiries [23]

Sportsman's Warehouse (NasdaqGS:SPWH) Q4 2026 Earnings call March 31, 2026 05:00 PM ET Speaker4Please note this conference is being recorded. It's my pleasure to turn the call over to the Vice President of Strategic Programs and Investor Relations, Riley Timmer. Please proceed.Speaker6Thank you, operator. Participating on our Q4 and full year 2025 call today is Paul Stone, our Chief Executive Officer, and Jennifer Fall Jung, our Chief Financial Officer. I will now take a moment and remind everyone of the co ...

Financial Data and Key Metrics Changes - Total company net revenues decreased by 19.7% to $61.6 million in Q4 2025 from $76.7 million in the year-ago period, primarily driven by a 22.4% decrease in volume of products sold [20][21] - Gross profit was $1.4 million with a gross margin of 2.3%, compared to a gross profit of $10 million and a gross margin of 13.1% in the year-ago period [25] - Net income was $409.9 million in Q4 2025, reflecting a gain on debt restructuring, compared to a net loss of $44.9 million in the year-ago period [28] Business Line Data and Key Metrics Changes - U.S. retail channel net revenues decreased by 6.5% to $31.7 million, primarily volume-driven, while net revenue per pound remained flat [21] - U.S. food service net revenues decreased by 23.7% to $8 million, driven by a 25.1% decrease in volumes of products sold [22] - International retail channel net revenues decreased by 32.5% to $8.8 million, primarily due to a 33.5% decrease in volume of products sold [23] Market Data and Key Metrics Changes - The overall decrease in product sales volume reflects weak category demand in key geographies and channels, particularly affecting chicken and burger products sold to QSR customers [20][21] - The international food service channel saw a decrease of 31.8% in net revenues, driven by a 34.1% decrease in volume of products sold [24] Company Strategy and Development Direction - The company is repositioning itself from Beyond Meat to Beyond, the plant protein company, to leverage its brand and technology in adjacent categories [6][15] - A focus on reducing baseline operating expenses, increasing production efficiency, and addressing category headwinds is emphasized as part of the transformation initiatives [7][11] - The launch of the new beverage platform, Beyond Immerse, is aimed at expanding the product portfolio and reaching a broader consumer base [15][16] Management's Comments on Operating Environment and Future Outlook - Management acknowledges ongoing challenges in the plant-based meat category and emphasizes the need for a strategic pivot to diversify the product offering [41][42] - The company plans to provide limited near-term guidance due to elevated uncertainty within the core category, expecting Q1 2026 net revenues to be approximately $57 million to $59 million [33] - Management expresses confidence in the long-term prospects of the plant-based category despite current headwinds, citing a commitment to innovation and clean ingredients [46][48] Other Important Information - The company has identified material weaknesses in internal controls over financial reporting and is actively working on remediation plans [34][35] - The company is considered an untimely filer and will not be eligible to use Form S-3 registration statements until it regains timely filer status [36] Q&A Session Summary Question: Outlook for new products and product lines - Management clarifies that the pivot towards new product lines does not abandon the original mission but broadens the business focus to meet consumer needs [41][42] Question: Cash flow and operational cash burn - Management discusses efforts to manage working capital and inventory levels to reduce cash burn, emphasizing a focus on achieving EBITDA positivity [51][53] Question: Beverage product supply chain and production - Management indicates that the beverage category leverages existing expertise and supply chain capabilities, with co-packing options readily available [72][74] Question: Scaling beverage expansion and distribution - A careful approach will be taken to scale the beverage product, starting with direct-to-consumer sales and gradually expanding into regional and mass distribution [80][81]

CXApp (NasdaqCM:CXAI) Q4 2025 Earnings call March 31, 2026 05:00 PM ET Speaker2Good day everyone, and welcome to the CXApp fourth quarter 2025 earnings call. At this time, all participants are placed on a listen-only mode. You can submit a question at any time by clicking on the Ask Question button on the left side of your screen. Type your question into the box and hit Send button to submit your question. It is now my pleasure to hand the floor over to your host, Khurram Sheikh. Sir, the floor is yours.Spe ...

Financial Data and Key Metrics Changes - For the full year 2025, pro forma revenue was $879.6 million, down 13.6% year-over-year, primarily due to project completions and client exits, partially offset by new client additions [14] - Pro forma gross margin was 21.9%, an increase of 30 basis points year-over-year, driven by a favorable sales mix [15] - In Q4 2025, total revenue was $207 million, a decline of 15.1% year-over-year, while gross margin increased by 110 basis points to 22.7% [16] Business Line Data and Key Metrics Changes - The Applied Workflow Automation segment, which contributes approximately 90% of revenues, experienced a year-over-year revenue decline of 15.1% on a pro forma basis, but gross margins increased by 140 basis points to 18.4% [19] - The technology segment, making up about 10% of revenues, saw a revenue decline of 14.6% year-over-year but increased 1% sequentially to $21.7 million [20] Market Data and Key Metrics Changes - The European region saw revenue growth of 4.7% year-over-year, driven by earlier initiatives and sales wins, with gross margins increasing by 130 basis points to 28.1% [20] - The company has a diversified client base of over 2,500 clients, with no single client accounting for more than 7.5% of revenue [11] Company Strategy and Development Direction - The company is focused on integrating two platforms into one and becoming an AI-led organization, emphasizing human accountability and governance in AI applications [4][5] - The strategy includes investing in growth through hiring a new Chief Revenue Officer and expanding the sales team [4] Management's Comments on Operating Environment and Future Outlook - Management anticipates 2026 will be a pivotal year with expected improvements in margins and progression towards being an AI-led provider of mission-critical workflows [12] - The company acknowledges headwinds from the broader macroeconomic environment affecting sales cycles [12] Other Important Information - The company created approximately $1.4 billion of new pipeline in 2025, up 8% over 2024, and closed nearly $300 million of TCV, with about $100 million in Q4 alone [12] - The company is experiencing a shift in workforce composition due to AI disruption, with a significant uplift in productivity [23] Q&A Session Summary - No specific questions or answers were recorded in the provided content, as the session concluded without further inquiries [27]

Nike (NYSE:NKE) Q3 2026 Earnings call March 31, 2026 05:00 PM ET Speaker8Good afternoon, everyone, and welcome to Nike, Inc.'s third quarter fiscal 2026 conference call. For those who want to reference today's press release, you'll find it at investors.nike.com. Leading today's call is Paul Trussell, VP of Corporate Finance and Treasurer. I'd now like to turn the call over to Paul Trussell.Speaker9Thank you, operator. Hello, everyone, and thank you for joining us today to discuss Nike, Inc.'s third quarter ...

RH (NYSE:RH) Q4 2026 Earnings call March 31, 2026 05:00 PM ET Speaker1Welcome to the World of RH. Albert Einstein's three rules of work, out of clutter, find simplicity, from discord, find harmony. In the middle of difficulty, lies opportunity. They seem especially relevant at this moment. We're compounding clutter from tariffs, global discord as a result of war, and the most dire housing market in decades, which can make it difficult to separate the signal from the noise. It's important to remember, necess ...

Financial Data and Key Metrics Changes - Total revenue for the full year 2025 was approximately $3.4 million, a decrease of about $1.3 million or 28% compared to $4.7 million in 2024, reflecting a strategic shift away from legacy contract work toward higher value commercial space-based and AI-driven solutions [23][24] - Cost of revenue was approximately $9.1 million, a 48% increase from $6.1 million in 2024, driven by increased depreciation and changing contract mix [24] - Gross loss for the year was approximately $5.7 million compared to a loss of about $1.5 million in 2024, reflecting increased depreciation and a transition away from high-margin contracts [24][27] - Net loss for the year was $29.5 million compared to $17.5 million in 2024, primarily due to strategic investments in infrastructure and personnel [27][28] - Adjusted EBITDA loss for 2025 was $17.3 million compared to $12.9 million in 2024, reflecting ongoing investment in scaling the platform [27] Business Line Data and Key Metrics Changes - The company launched three LizzieSat satellites between March 2024 and March 2025, demonstrating increasing capability across design, operations, and mission performance [6][8] - LizzieSat-1 completed its mission and established communications, while LizzieSat-2 remains in the commissioning phase [8][9] - LizzieSat-3 has completed full bus level commissioning and is now supporting recurring customer payload operations [9] Market Data and Key Metrics Changes - The geopolitical environment has shifted, underscoring the growing importance of space as a national security domain, which aligns with the company's focus on defense and commercial markets [5][12] - The company is actively engaged with both commercial and Department of Defense customers to address growing demand for cost-efficient satellite platforms [19] Company Strategy and Development Direction - The company aims to be a leading innovator in space and defense technologies, focusing on delivering cost-effective solutions for multi-domain operations [6][15] - The strategy includes a dual-use multi-mission model that creates diversified revenue streams and broadens customer opportunities [7][12] - The company is focused on accelerating commercialization and expanding in defense markets while reducing reliance on lower-margin contract manufacturing [15][16] Management's Comments on Operating Environment and Future Outlook - Management acknowledges recent stock performance concerns, attributing them to broader market conditions and the timing of revenue as the company transitions [30][31] - The company emphasizes execution, cost discipline, and innovation as key priorities moving forward [31][36] - Management is focused on improving capital efficiency and transitioning from build to revenue as commercialization scales [34][35] Other Important Information - The company completed multiple capital raises totaling approximately $53.3 million in net proceeds during 2025, entering 2026 with no outstanding term debt [28] - The company has built a full technology stack through organic development, maintaining a clean balance sheet and full control over intellectual property [16] Q&A Session Summary Question: Concerns about stock performance - Management recognizes concerns regarding stock performance, viewing it as a result of broader market conditions and the timing of revenue during the transition [30] Question: Future revenue streams and execution - Management emphasizes the importance of execution and the transition toward higher-margin, repeatable revenue streams as key objectives [31]

authID (NasdaqCM:AUID) Q4 2025 Earnings call March 31, 2026 05:00 PM ET Speaker2day, and thank you for standing by. Welcome to the authID Q4 and full year 2025 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there'll be a question and answer session. To ask a question during the session, you'll need to press star one one on your telephone. You will then hear an automated message advising your hand is raised. If you would like to remove yo ...