Charlie's Holdings Inc. reported its financial results for the second quarter of 2025, marking its first profitable quarter since Q2 2023. The company achieved a net income of $5.0 million, a significant turnaround from a net loss of $1.0 million in Q2 2024. The earnings per share $(EPS)$ for the quarter stood at $0.02, compared to a loss per share of $0.01 in the same period last year. Revenue, excluding $6.5 million income from PMTA asset sales, increased by 25%, reaching $2.5 million compared to $2.0 million in Q2 2024. However, gross profit experienced a decrease, amounting to $0.7 million, down from $0.8 million in the prior year, resulting in a gross margin of 26.1% versus 38.1% in Q2 2024. Charlie's Holdings highlighted several business developments, including the successful introduction of its SBX product in six states and plans for a broader rollout. The company also entered into strategic partnerships generating $6.5 million in income, with potential contingent payments of $4.2 million over the next year. Furthermore, the company intends to launch a U.S.-based manufacturing line in late 2025 to address shipping delays and meet new domestic manufacturing requirements.