Achieved record Q4 revenue of $11.3 million, representing a 16% increase over the prior year's quarter.

Successfully met energy density, fast-charge, and safety requirements for lead smartphone customer evaluation samples.

Secured CCC and UL certifications for AI-1 smart eyewear batteries, positioning the category for early commercialization.

Maintained a strong balance sheet with $621 million in cash, equivalents, and marketable securities to fund Fab2 scale-up.

Identified laser dicing as the primary manufacturing throughput limit and is executing process optimizations to resolve it.