How did Lensar's revenue and expenses trend in Q4 2024?

**Lensar's revenue and expenses in Q4 2024 are not currently available.** However, we can infer trends from the available data for Q3 2024. 1. **Revenue Trend**: Lensar experienced a significant increase in revenue, with $13.5 million reported for Q3 2024, a 38% increase from the same period in the previous year. This growth was driven by strong system placements and procedure growth, indicating a robust market demand for their products. 2. **Expense Trend**: Operating expenses, including Research and Development (R&D) and Selling, General and Administrative (SG&A) expenses, were $7.5 million in Q3 2024, up from $6.9 million in Q3 2023. This increase was primarily due to higher SG&A spending, which could be a result of scaling up operations to support the company's growth and market expansion. 3. **Financial Performance**: Despite the revenue growth, Lensar reported a net loss of $1.5 million for Q3 2024, a significant decrease from the net income of $2.6 million in the same quarter of the previous year. However, the company achieved a positive Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of $429,000, an improvement of $1.8 million from Q3 2023, indicating improved cash flow and profitability. In conclusion, Lensar's revenue trend in Q4 2024 was likely positive, building on the 38% increase seen in Q3 2024, while expenses were likely higher due to the increased operating and SG&A costs. The company's financial performance showed a net loss, but with improved EBITDA, suggesting a focus on cost management and revenue growth to achieve profitability.