Reported a net loss of $17.3 million, or $1.34 per diluted share, for the fourth quarter of 2025, compared to a net loss of $5.5 million in Q3 2025 and $2.1 million in Q4 2024. Full-year 2025 net loss was $61.7 million, a significant decline from a net income of $187.6 million in 2024. Adjusted EBITDA for Q4 2025 was $28.5 million, down from $41.7 million in Q3 2025 and $53.2 million in Q4 2024. Full-year Adjusted EBITDA was $121.9 million, down from $407.8 million in 2024. Operating cash flow decreased to $19.0 million in Q4 2025 from $50.6 million in Q3 2025. Met segment coal sales realization was $115.31 per ton in Q4 2025, a slight increase from $114.94 per ton in Q3 2025. Met segment cost of coal sales increased to $101.43 per ton in Q4 2025 from $97.27 per ton in Q3 2025. Total liquidity as of December 31, 2025, was $524.3 million, including $366.0 million in cash and cash equivalents. The company repurchased approximately 6.9 million shares of common stock for $1.1 billion (average $165.89 per share) as of February 20, 2026, under its $1.5 billion program. For 2026, 37% of metallurgical coal is committed and priced at an average of $134.02 per ton and 77% of thermal coal at $73.17 per ton. 2026 guidance includes metallurgical shipments of 14.4-15.4 million tons and Met segment costs per ton of $95.00-$101.00. Incurred $6.1 million in non-recurring mine flood costs in Q4 2025 due to water inundation at the Rolling Thunder mine.