Reports Q3 revenue $8.8M, consensus $9.48M. "We drove a significant sequential improvement in our Gross Margin during the third quarter and now have clear line of sight to our longer-term target of 35% as we pivot to an outsourced manufacturing model," said Jason Vieth, President and Chief Executive Officer. "We also made solid progress optimizing marketing investments, which is improving our underlying economics and strengthening our competitive position as we continue to build out a true omnichannel business. While the operating environment remains very challenging, our efforts to create a leaner, nimbler organization continue gaining traction, enabling us to maximize the potential of our most profitable commercial growth opportunities. We remain confident in our direction and ability to drive significant improvements in sales growth and profitability in the future, supported by our loyal customer base and strong balance sheet with $21 million of cash and no debt."
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