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Visual21 Nov 2025
Data center suppliers
Solesence (SLSN) investor relations material
Solesence Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary11 Nov, 2025
Executive summary
Leadership transition with Kevin Cureton as CEO and Laura Riffner as CFO, alongside new VP appointments and operational restructuring to drive innovation and growth.
Company pioneered mineral-based beauty, holding over 90 patents and achieving industry leadership.
Q3 2025 marked the first year-over-year revenue decline in nearly two years, following a record Q3 2024.
Consumer products remain the primary growth driver, offsetting declines in other segments.
Uplisting to Nasdaq and rebranding to Solésence, Inc. completed in 2025.
Financial highlights
Q3 2025 revenue was $14.5 million, down from $16.9 million in Q3 2024; nine-month revenue rose to $49.6 million from $39.8 million year-over-year.
Gross profit was $3.4 million, with gross margin at 23% versus 36% last year, impacted by manufacturing inefficiencies and facility improvements.
Operating expenses rose to $4.2 million, with R&D at $1.1 million and SG&A at $3.1 million for Q3 2025.
Net loss of $1.1 million compared to net income of $3 million in Q3 2024; nine-month net income was $1.6 million, down from $4.8 million.
Adjusted EBITDA loss of $435,000 versus $3.6 million positive last year.
Received a one-time $1.2 million Employee Retention Credit (ERC) and related interest.
Outlook and guidance
Full-year 2025 revenue expected to be up $10–12 million over prior year, with Q4 sales anticipated to improve versus 2024.
Margins expected to normalize over the next few quarters as operational improvements take effect.
Long-term goal to achieve gross margins of 30% as a floor, with aspirations to return to 40%+ levels seen during COVID-era.
2026 guidance withheld due to market uncertainty, but growth expected to outpace industry rates.
Capital spending for 2025 projected between $0.1M and $1M, funded by operations, loans, and possible new debt.
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Nanophase Technologies Corporation is a technology company that specializes in the development and production of advanced materials, primarily engineered nanomaterials. These materials are used in a variety of applications, including personal care, coatings, energy storage, and environmental technologies. Nanophase’s products, which include nanoengineered metals and oxides, are designed to enhance performance characteristics such as UV protection, durability, and conductivity. The company serves industries such as cosmetics, healthcare, electronics, and industrial manufacturing, providing customized solutions that leverage its expertise in nanotechnology. The company is headquartered in Romeoville, Illinois, and its shares are listed on the OTCQB.
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