“increase in loss was primarily due to the following: ● a decrease in interest and other income of $2,570,000; and ● an increase in research and development expenses of $29,000; and ● a decrease in revenue of $25,000; offset by ● a decrease in general and administrative expenses of $1,104,000; and ● a decrease in warrant valuation loss of $458,000; and ● a decrease in loss on investments of $76,000; and ● a decrease in interest expense of $30,000 Net loss per share was $(3.68) and $(3.00) for the three months ended June 30, 2025, and 2024, respectively.”
“SECOND QUARTER 2025 SECOND QUARTER 2026 IN SUMMARY • Sales of $3.2 billion increased 9%, or $255.6, due to higher volumes of 4%, a favorable impact from currency of 4%, and higher energy cost pass-through to customers of 2%, partially offset by lower pricing of 1% driven by lower helium pricing.”
“Adjusted operating margin improved to 23.7% from 21.6% in the prior year, primarily due to higher volumes and productivity, partially offset by energy cost pass-through to customers and pricing.”