TruGolf Holdings shares surge 22.04% intraday due to improved operating efficiency and stronger financials, including increased cash, reduced debt, and positive equity.

think> Okay, let's see. The user wants me to transform the given Chinese text into a concise news headline following specific rules. First, I need to make sure I understand all the requirements. The company name is TruGolf Holdings. The percentage change is 22.04191617%, which I need to round to two decimal places. That would be 22.04%. The time period is intraday, so I have to mention that. The reason for the price movement is the three points listed. Looking at the points: the first one mentions Q3 gross margin of 69%, up from Q2, indicating improved efficiency. The second point talks about cash increasing to $11.4 million in unrestricted cash and total cash of $13.5 million, up 30% from 2024. Also, liabilities dropped to $16.7 million, and equity turned positive to $6.26 million from a deficit. The third point is remaining contract revenue of about $6.2 million supporting future growth. I need to condense these points into a brief reason. The example uses a sentence structure that starts with the company name, the percentage, time period, then the reason. The example also includes key details in the first sentence and more context in the next paragraph. So for the first sentence: TruGolf Holdings surged 22.04% intraday due to... then mention the key factors. The main factors are the improved Q3 gross margin, increased cash, reduced liabilities, and positive equity. Also, the remaining contract revenue is a point for future growth. I need to round the percentage correctly. The original is 22.04191617%, so two decimal places would be 22.04%. The example uses "surged" for a large increase, which fits here since 22% is significant. Now, structuring the reason: The company reported a Q3 gross margin of 69%, up from Q2, showing improved operational efficiency. Cash increased to $11.4 million (unrestricted) and total cash of $13.5 million, a 30% rise from 2024. Liabilities dropped to $16.7 million, and equity turned positive to $6.26 million from a 2024 deficit. Additionally, remaining contract revenue of $6.2 million supports future growth expectations. I need to make sure the company name is unchanged. Also, check for any numbers that need formatting, like the dates (2025年11月17日) but the example didn't include the date, so maybe it's optional. The example included the date in the output, but the input's first point says "2025年11月17日，公司报告第三季度毛利率..." which is November 17, 2025. But in the example, they didn't include the date. Wait, the example input had a date, but the output didn't. Let me check the example again. In the example, the input included a date: "公司表示，该项目将安装在一座大型工业建筑上，计划于7月开始施工，并加快安装。" The output didn't mention the date. So maybe dates in the input can be omitted unless necessary. The user's instruction doesn't mention including dates, so perhaps it's better to omit them unless they're crucial. Here, the date in the input is when the report was made (2025年11月17日), but the example didn't include the date. So maybe it's not necessary to include it here. Putting it all together, the headline should start with the company name, percentage, time period, then the reason. The example uses a colon to separate the main headline from the detailed reason. So perhaps structure it as: "TruGolf Holdings surged 22.04% intraday, driven by a 69% Q3 gross margin (up from Q2), increased cash reserves of $13.5 million (30% higher than 2024), reduced liabilities to $16.7 million, and a positive $6.26 million equity. The company also reported $6.2 million in remaining contract revenue, supporting future growth expectations." Check if all key points are included: gross margin, cash increase, liabilities reduction, equity turning positive, and future revenue. Also, ensure the numbers are correctly formatted and rounded. The cash increase is from 2024 to 2025, so mentioning the 30% increase is important. The liabilities and equity changes are also key. The remaining contract revenue supports future growth, so that's a good point to include. I think that's all. Let me verify the rules again: company name unchanged, percentage rounded to.