Strong Revenue Growth
Revenue grew 52% year-over-year to $19.4 million, driven by a 51% increase in ASSURE system prescriptions.
Gross Margin Expansion
First quarter gross margin was 45.7%, up from 32.9% in the prior year period, marking the seventh consecutive quarter of gross margin expansion.
Increase in In-Network Patients
The percentage of fittings for patients with in-network benefits increased from approximately 70% at the time of IPO to nearly 80%.
FDA Post-Approval Study Milestone
Conclusion of enrollment in the FDA post-approval study for the ASSURE system, which will be the largest study ever published in the WCD category.
Guidance Increase
Fiscal year 2026 revenue guidance increased to $88 million, up 47% compared to fiscal year 2025, from previous guidance of $85 million.