GMM

• Fiscal year 2025 was a pivot year for strategic transformation, moving from AI-driven tools to AI native production workflows. - Total revenue was $55.9 million, up 35.3% YOY. - Entered into a digital cultural tourism cooperation framework with Lianyungang’s Haizhou High-Tech District. - Completed $10.3 million in strategic private placement financings. - Established Gauss AI Lab and end-to-end AI-powered content framework. - Expanded global AI data and training capabilities via Eaglepoint AI Inc. - Holds over 150,000 high-precision 3D digital assets. - Gausspeed platform is a flagship AIGC platform for industrial-grade cinematic production. - Mofy Lab integrates over 40 proprietary software systems into a one-stop content generation platform.

• Expect to maintain strong growth momentum in fiscal year 2026. - Aim to further expand market presence across key application areas through ongoing technological innovation to support sustainable and steady revenue growth over the long term.

For fiscal year 2025, total revenue was $55.9 million, representing a 35.3% year-over-year growth. Gross profit was $22.5 million. R&D expenses for the fiscal year totaled around $7.9 million, a 6.7% year-over-year increase. Total assets increased to $78 million as of September 30, 2025, from $59.2 million in the previous year, driven by investments in intangible assets related to 3D digital assets and AI technologies.

• Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those indicated. These are subject to risks described in the company's filings with the U.S. Securities and Exchange Commission.

Q: Could you explain how the company maintains a stable and strong revenue growth trajectory?

A: In fiscal year 2025, revenue was $55.94 million, up 35.3% YOY. Driven by 3 factors: continued demand growth for 3D digital assets across multiple areas, overall expansion of film, TV, and short drama market increasing demand for virtual content production services, and adoption of innovative cooperation models in the short drama market to diversify revenue sources.

Q: Over the next 3 to 5 years, will the company prioritize technical or ecosystem expansion? And how will resource be allocated?

A: Technological depth and ecosystem expansion are complementary. Resource allocation is technology first and service-driven. Technology priority includes continued investment in AIGC and 3D reconstruction technologies. Ecosystem expansion leverages these technologies to broaden application scenarios and deliver comprehensive solutions.

Q: Is short drama investment a long-term strategy or short-term monetization approach?

A: Short drama investment is an integral part of long-term strategic planning, not just short-term monetization. Driven by technology ecosystem expansion and user experience optimization, it enhances brand visibility and serves as a strategic entry point for broader market and technology application.