Actelis Networks Inc. reported its financial results for the first quarter ending March 31, 2025, showing stable revenues of $721,000 compared to $726,000 for the same period in 2024. This slight decrease was primarily due to a 31% decline in revenues from the Europe, Middle East, and Africa (EMEA) region, which was offset by a 23% increase in revenues from North America and growth in the Asia-Pacific region. The cost of revenues decreased to $470,000 from $506,000 in the previous year. The company highlighted its strategic focus on expanding its pipeline for the remainder of the year, particularly in federal, military, multi-dwelling units, and intelligent transportation sectors. Actelis emphasized its growing global footprint, noting new orders from regions including the Nordic countries, Hungary, the US, UK, and Japan. The company also stressed its efforts on improving margins and operational efficiency, reporting a gross margin expansion to 35% due to high-margin wins and disciplined cost management. Actelis continues to focus on increasing its recurring revenues and further margin expansion through its software and services, as well as more profitable verticals. The company also reported a significant reduction in interest expenses, attributed to its nearly debt-free status, and anticipates an exciting year ahead, driven by its ability to provide rapid, cost-effective networking solutions with strong security capabilities.