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DewDiligence

11/08/23 6:50 PM

#249654 RE: DewDiligence #249653

Daxxify unit volume sold in 3Q23 was +10% QoQ, according to the PR in the post I’m replying to. Hence, by simple arithmetic, Daxxify’s ASP in 3Q23 must have been 9% lower than in 2Q23. (0.91 x 1.10 =~1.00.) Moreover, since the Daxxify price cut did not take effect until 9/1/23, we can further conclude that the magnitude of the price cut was at least 25%.

A 10% QoQ increase in unit volume during the seasonally slowest quarter of the year is not bad.