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Milestone Scientific (MLSS) investor relations material
Milestone Scientific Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary15 Aug, 2025
Executive summary
Q2 2025 revenue increased 25% year-over-year to $2.3M, driven by strong international dental sales and disciplined cost management.
Leadership team expanded with new CEO Eric Hines, SVP Jason Papes, and a new board member to accelerate growth in dental and medical segments.
Focus on disciplined execution, leveraging a strong dental foundation and targeted expansion in medical markets, especially with new Medicare Part B reimbursement for the CompuFlo Epidural System.
Operating loss for Q2 2025 narrowed to $1.5M from $1.8M in Q2 2024, reflecting higher sales and cost controls.
Substantial doubt exists about the ability to continue as a going concern without additional capital.
Financial highlights
Q2 2025 revenue: $2.3M, up from $1.85M in Q2 2024; six-month revenue: $4.6M, up from $4.1M.
Gross profit for Q2 2025 was $1.6M, up $206K from Q2 2024; gross margin was 70% in Q2 2025, down from 76% in Q2 2024.
Operating loss for Q2 2025 was $1.5M, improved from $1.8M in Q2 2024; net loss for Q2 2025 was $1.5M, or $0.02 per share.
International revenue comprised 48% of Q2 sales, with international revenue more than doubling year-over-year to $1.0M.
Cash and cash equivalents as of June 30, 2025 were $1.3M, with working capital of $3.9M.
Outlook and guidance
Management is focused on accelerating dental market penetration, expanding internationally, and leveraging new reimbursement pathways in medical.
Short-term strategy in medical is to concentrate on select clinics and jurisdictions, collecting robust data to support reimbursement and adoption.
Plans to broaden federal presence, expand international distribution, and deepen insurance coverage for medical products.
Management is seeking additional funding through equity or debt to support operations.
VA, DOD, and Indian Health Service markets are targeted for future medical segment growth, with favorable pricing established.
Assess the impact of new leadership on growth.
Explain the strategy for JMAC coverage expansion.
How will operations be streamlined to achieve cash flow?
Detail plan to accelerate medical adoption.
Elaborate on international growth drivers.
Tariffs impact on international orders?
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Next Milestone Scientific earnings date
Q3 202514 Nov, 2025
Next Milestone Scientific earnings date
Q3 202514 Nov, 2025
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Frequently asked questions
Milestone Scientific, Inc., designs, develops and commercializes diagnostic and therapeutic injection technologies and devices for medical, dental, and cosmetic use in the United States, China, and internationally. The Company's products include CompuDent used for all dental procedures that require local anesthetic; STA Single Tooth Anesthesia System that are used for all dental procedures that require local anesthetic; CompuFlo, used for the painless delivery of drugs and anesthetics, as well as for the aspiration of bodily fluids or previously injected substances; CompuFlo Epidural; and disposable injection handpiece for tactile control during the injection.
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