Net sales for the year ended December 31, 2024, were $X million, compared to $Y million for the year ended December 31, 2023. Cost of goods sold was $A million in 2024, versus $B million in 2023. Gross profit for 2024 amounted to $C million, compared to $D million in 2023. General and administrative expenses totaled $E million in 2024, compared to $F million in 2023. Other income (expense), consisting primarily of interest expense and debt issuance costs, was $(G) million in 2024, compared to $(H) million in 2023. Adjusted EBITDA, which excludes interest and other expenses, income tax expense, depreciation and amortization, and certain non-recurring items, was $I million for 2024, compared to $J million for 2023. Non-recurring items included in adjusted EBITDA were management fees, professional and transaction fees, technology start-up costs, optical molding evaluation expenses, glass molding evaluation expenses, and executive transition expenses.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Syntec Optics Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-016960), on October 06, 2025, and is solely responsible for the information contained therein.
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