KMTS: Revenue up 60% and gross profit nearly doubled, but net loss widened on higher expenses

Revenue grew 60% year-over-year to $31.0 million, with gross profit nearly doubling and improved margins. Net loss widened to $44.1 million due to higher operating expenses and a $6.3 million debt extinguishment loss. Liquidity remains strong with $244.7 million in cash and investments.Original doc…