In the latest period of Q4'25, SOUN's Gross Margin reached 47.9%, reflecting a recovery from the prior quarter's 42.6%, while Operating Margin turned positive at 0.5% and Net Profit Margin achieved 0.7%, indicating improved profitability after a period of losses. Over the timeframe from Q1'23 to Q4'25, Gross Margin exhibited volatility, peaking at 79.1% in Q2'23 before declining sharply to a low of 36.5% in Q1'25, with a gradual rebound thereafter suggesting cost management efforts. Operating and Net Profit Margins remained negative throughout most of the period, improving from deep losses exceeding -3% in early quarters to a brief positive spike in Q1'25 (4.5% operating and 4.4% net), but reverting to losses in Q2'25 and Q3'25 before the Q4'25 turnaround; overall, the trends highlight persistent operational challenges with emerging signs of stabilization in late 2025.