High Gross MarginsSustained low-90%+ gross margins provide a durable profitability buffer versus peers. High product-level margins can support reinvestment in R&D or commercial access, improve leverage on incremental volume, and make supply/contract manufacturing economics attractive over a multi-month horizon.
Improving Operating Profitability (EBIT Positive)Transition to positive EBIT demonstrates operating leverage and cost discipline, lowering structural cash burn. Sustained operating profitability reduces near-term financing needs, strengthens the case for scaling manufacturing relationships, and indicates improving core business economics over coming quarters.
Exclusive Endari Supply AgreementAn exclusive manufacturing/supply role under a cost-plus, double-digit margin contract would structurally shift revenue toward margin-based supply income. If regulatory conditions are met, this creates a predictable revenue stream and clearer unit economics, enhancing medium-term margin sustainability.