Revenue increased by 40% compared to the prior year, reaching $8.2 million.

Gross profit was $5.0 million, or 61% of revenue, compared to $3.5 million, or 59% of revenue, in the same period in 2021.

Operating expenses increased to $14.8 million due to higher salaries, employee-related expenses, travel expenses, and professional fees.

Cash and cash equivalents totaled $33.0 million as of March 31, 2022.