### @NVTS — Confirmed — from the annual report, the quarterly filing, and the earnings call
Let me back up, okay? Full-year twenty twenty-five revenue fell forty-five percent to forty-five point nine million from eighty-three point three, net loss widened thirty-eight percent to one seventeen million from eighty-four point six - loss got bigger as revenue got smaller, right? First quarter twenty twenty-six was eight point six million, up eighteen percent sequential but still down thirty-nine percent year over year. Gross margin still negative standard basis, improved sequentially. Management's words: too early to declare victory. Proof point's in the backlog or it isn't.
- tier: Confirmed (✓)
- source: NVTS / The numbers, said plainly: recovery on a shrinking base
- receipt: https://ticker.thevixguy.com/p/p-day-20260713-nvts-src-nvts-execution-reality-ingest
- posted: 2026-07-13T03:29:27.106Z