Net loss for Q1 2026 was $317.0 million, compared to a net loss of $162.0 million in Q1 2025. Adjusted EBITDA with Tax Attributes was $50.1 million for Q1 2026, down from $55.0 million in Q1 2025. Operating loss was $171.3 million, driven by significant non-cash items including a $102.7 million unrealized loss on derivatives and $147.4 million in RINs-related expenses. Shreveport facility experienced a temporary production loss of approximately 750,000 barrels due to feedstock contamination. Montana Renewables completed the MaxSAF 150 expansion and turnaround in 48 days, resuming production in Q2 2026. Total liquidity as of March 31, 2026, was $462.8 million.