Ryvyl Inc. (NASDAQ:RVYL) Q4 2023 Earnings Call Transcript

George Oliva: Yes. I think, if we’re targeting a 40% gross margin and operating expenses, I think long-term, once we’ve cleaned up these legacy issues is going to be at 40% or less. That’s where we see us breaking even at the net income. I think we have enough levers to pull that down the road we should be able to manage under 40%.

Operator: That is all the questions that are in the queue. I’d like to hand it back to Ben Errez for closing remarks.

Ben Errez: Thanks, operator. Thank you everyone for your continued support of the company and for your time today. Should there be any further questions that have not been answered today, feel free to reach out to M. Wei or to me directly, and we’ll get those answers in the, posted on our IR website. With that, thank you all, and we’ll see you in the next quarter.

Operator: Ladies and gentlemen, this does conclude today’s teleconference. Thank you for your participation. You may disconnect your lines at this time, and have a wonderful day.