Exhibit 99.1 May 9, 2024 Dear Fellow Shareholders: We are pleased with the continued stabilization of our business during the first quarter and happy to announce we beat our first quarter revenue target. We are also encouraged to introduce our second quarter revenue guidance of $57-59 million, which represents 12% growth from the first quarter and is nearly flat YoY. We believe this sequential double-digit revenue growth signals we are heading toward a recovery of the business and normal seasonal trends, as ...