On March 2, MiniMax released its first annual earnings report since going public, showcasing impressive results for 2025: full-year revenue surged 159% year-over-year, surpassing market expectations; annual recurring revenue exceeded $150 million by February 2026, reflecting a significant acceleration in commercialization; profitability improved with gross profit skyrocketing 437% year-over-year. Bolstered by the robust earnings, MiniMax opened nearly 10% higher on March 3. Since its initial public offering earlier this year, MiniMax’s stock price has soared over 400%. How do you assess MiniMax's first report card since its IPO? Can MiniMax's share price continue its upward momentum?