Latest Financial Results
Q2 2023
Quarter Ended Jun 30, 2023
$20.7M
Revenue of $20.7 million
65.4%
Gross margin of 65.4%, within the upper range of our guidance of 64% – 66% for the quarter for Water.
$16.1M
Operating expenses of $16.1 million, which included growing investments in sales and marketing, and research and development to support business expansion.
$2.6M
Loss from operations of $2.6 million primarily attributable to lower revenue and gross margin due to timing of revenue recognition of a megaproject shipment.
Source: Q2 2023 Earnings Release
For complete information regarding our financials, see our periodic filings
Latest Annual Filing
For Fiscal Year Ending Dec 31, 2022