The latest data point for Q4'25 shows TEM's Gross Margin at 64.7%, Operating Margin at -16.7%, and Net Profit Margin at -14.8%, indicating sustained positive gross profitability but ongoing operational and net losses, with the net margin reflecting a slight deterioration from Q2'25's -13.6%. Over the period from Q1'23 to Q4'25, Gross Margin trended upward from 49.3% to 64.7%, with a notable dip to 45.5% in Q2'24 before recovering strongly to exceed 60% from Q3'24 onward, highlighting improved cost management or pricing power. In contrast, Operating Margin remained negative throughout, improving gradually from -46.6% in Q1'23 to -16.7% in Q4'25 but experiencing a sharp decline to -321.4% in Q2'24 due to likely one-time expenses, while Net Profit Margin followed a similar volatile path, narrowing losses from -47.0% initially to -6.5% in Q4'24 before fluctuating and ending at -14.8%, underscoring persistent challenges in achieving overall profitability despite gross margin gains.