Inspire Veterinary Partners Inc. reported its financial results for the first quarter ending March 31, 2025. The company recorded total revenue of approximately $3.6 million, reflecting a 25% decrease compared to the same period in the prior year. The services revenue amounted to approximately $2.7 million, representing a 23% decline, while product revenue stood at $0.9 million, a decrease of 30%. The reduction in service revenue was primarily due to the sale of the company's former Kauai location and its exclusion from the 2025 results. The company also reported a net loss of $2.4 million, which is a 29% decrease from the prior year's net loss of $3.4 million. In terms of operational updates, Inspire Veterinary Partners entered into an exclusive, non-binding letter of intent to acquire full ownership of an animal hospital in central Florida, which could potentially add approximately $1.8 million in revenue. The company also increased its doctor hires by 400% over the whole of 2024, positioning itself for expanded operating days in several clinics. Additionally, Inspire completed a registered direct offering, raising gross proceeds of approximately $2.0 million, and appointed Samantha A. Ciulla as Director of Business Development to lead its expansion and strategic acquisition initiatives. The company has also engaged STNL Advisors to review its real estate portfolio and has registered the trade name 'Family Pet Care' in Maryland as part of its planned expansion in the Mid-Atlantic region.