Revenue: $18.9 million in Q1 2024, a 30% increase year-over-year.
Gross Margin: Improved to 75% in Q1 2024 from 73% in the previous year.
Net Loss: Reduced to $13.7 million in Q1 2024 from $15.9 million year-over-year.
Earnings Per Share (EPS): Loss of $0.36 per share in Q1 2024, improved from a loss of $0.42 per share in the same period last year.
Operating Expenses: Increased to $28.6 million in Q1 2024 from $27 million in Q1 2023.
Adjusted EBITDA Loss: Reduced to $8 million in Q1 2024 from $11.2 million in Q1 2023.
Cash Position: Ended Q1 2024 with $120.4 million in cash, cash equivalents, and marketable securities.
Full Year Revenue Guidance: Reiterated at $81 million to $84 million for 2024.
Store Locations: Added 9 new Zephyr Valve centers in the U.S., total now 346.
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