Urgent.ly Inc. reported its financial results for the first quarter of 2025, noting revenue of $31.3 million, which represents a decrease of 22% compared to the same period the previous year. The company achieved a record gross margin of 26%, up from 23% in the prior year period. Gross profit totaled $8.0 million, a decrease of 15% year over year. The company's GAAP operating expenses were $10.4 million, showing an improvement of 41% compared to $17.7 million in the prior year period. Non-GAAP operating expenses were $8.4 million, a 42% improvement from $14.5 million a year earlier. Urgent.ly reported a GAAP operating loss of $2.4 million, an improvement of 71% compared to the $8.3 million loss in the prior year period. Non-GAAP operating loss was $0.4 million, improving by 93% from the $5.1 million loss in the previous year. Approximately 189,000 dispatches were completed during the quarter, with a consumer satisfaction score of 4.6 out of 5 stars. Looking ahead, Urgent.ly expects to achieve positive sequential revenue growth during the third quarter, maintain a non-GAAP operating break-even, and move closer to positive cash flow.