Phunware Q1 revenue rises 40%; net loss $3.7M on $1.2M legal charge; cash $109.7M

Phunware, Inc.

2025-Q1 EPS reported -$0.18 revenue$688,000

Total revenue $0.7M; software subs/services up 40% to $0.6M. Net loss $3.7M ($0.18/sh) vs $2.3M ($0.33/sh) a year ago.
Cash and equivalents $109.7M; operating cash burn improved to $3.3M from $5.5M.
Added 3 new hospitality customers in Q1; Q2 secured a $0.5M multi-location healthcare booking.
One-time legal expense of $1.2M for Wild Basin litigation; decision expected Q3 2025. Appointed Quyen Du to Board.

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