Leatt Corporation, a prominent developer and marketer of protective equipment for extreme sports, announced its financial results for the first quarter ending March 31, 2025. The company reported a 45% increase in total revenues, reaching $15.37 million compared to $10.61 million in the same period of 2024. This growth was driven by a $1.84 million increase in body armor sales, a $1.71 million increase in helmet sales, a $1.09 million rise in sales of other products, parts, and accessories, and a $0.12 million increase in neck brace sales. The gross profit for the first quarter rose by 68% to $6.72 million, up from $4.01 million in the first quarter of 2024. Net income experienced a significant increase of 237%, amounting to $1.12 million, or $0.18 per basic share and $0.17 per diluted share, compared to a net loss of ($0.82) million, or ($0.13) per basic and diluted share, in the previous year. Leatt Corporation highlighted a 14% rise in consumer direct sales year-over-year, with strong performance in the U.S. and on its South African platform, _Leatt.co.za_. However, dealer direct sales in the U.S. at brick-and-mortar locations declined by 9% as dealers adjusted to industry-wide stocking dynamics. The company reported cash flows provided by operations of $768,000 and a cash increase of $331,000, bringing the total to $12.70 million. Leatt continues to invest in working capital, digital platforms, and the development of a global multichannel sales force, anticipating further growth in these areas. Management expressed confidence in the company's liquidity to support future expansion and sustained shareholder value.