Sarine Technologies Ltd. reported its Q1 2025 results, highlighting challenges in the natural diamond manufacturing industry. The company generated revenues of $7.7 million, reflecting a decrease due to ongoing market headwinds, especially in the Chinese retail market, which shows no signs of recovery. The company recorded a minimal net loss of $0.1 million for the quarter. Despite the loss, Sarine Technologies generated substantial net cash from operations. The Group is focusing on strategic initiatives and cost management to navigate these turbulent conditions. Plans to shift manufacturing facilities to its subsidiary in India, as a cost-saving measure, are on track to be completed by the end of the first half of the year. Additionally, the company is making progress with its MVP offering, which saw a more than 40% increase in the number of diamonds planned compared to Q4 2024, along with an increase in the average selling price per diamond. Looking ahead, Sarine Technologies does not anticipate significant changes in market conditions for the current quarter, with expectations for improvement dependent on the end-of-year holiday season. The company continues its due diligence process related to a potential investment in Kitov.ai.