diff --git a/package.json b/package.json
index 1623d30d9..f9f32a983 100644
--- a/package.json
+++ b/package.json
@@ -3,7 +3,7 @@
   "displayName": "ai-lab-monorepo",
   "description": "ai-lab-monorepo",
   "publisher": "redhat",
-  "version": "1.2.0",
+  "version": "1.2.3",
   "license": "Apache-2.0",
   "private": true,
   "engines": {
diff --git a/packages/backend/package.json b/packages/backend/package.json
index 3c755c837..ea14e9422 100644
--- a/packages/backend/package.json
+++ b/packages/backend/package.json
@@ -2,7 +2,7 @@
   "name": "ai-lab",
   "displayName": "Podman AI Lab",
   "description": "Podman AI Lab lets you work with LLMs locally, exploring AI fundamentals, experimenting with models and prompts, and serving models while maintaining data security and privacy.",
-  "version": "1.2.0",
+  "version": "1.2.3",
   "icon": "icon.png",
   "publisher": "redhat",
   "license": "Apache-2.0",
diff --git a/packages/frontend/package.json b/packages/frontend/package.json
index bf750c925..6e031d136 100644
--- a/packages/frontend/package.json
+++ b/packages/frontend/package.json
@@ -1,7 +1,7 @@
 {
   "name": "frontend-app",
   "displayName": "UI for AI Lab",
-  "version": "1.2.0",
+  "version": "1.2.3",
   "type": "module",
   "license": "Apache-2.0",
   "scripts": {
diff --git a/tests/playwright/package.json b/tests/playwright/package.json
index 07b31d85d..4efcce415 100644
--- a/tests/playwright/package.json
+++ b/tests/playwright/package.json
@@ -1,6 +1,6 @@
 {
   "name": "ai-lab-tests-playwright",
-  "version": "1.2.0",
+  "version": "1.2.3",
   "description": "Podman Desktop AI Lab extension Playwright E2E tests",
   "scripts": {
     "test:e2e:setup": "xvfb-maybe --auto-servernum --server-args='-screen 0 1280x960x24' --",