Net sales for the quarter ended April 30, 2026, were $22.13 million, a 5.1% decrease from $23.32 million in the prior-year period. Net income fell to $262,489 ($0.05 per share) from $644,055 ($0.11 per share) in the same quarter last year. Gross profit margin compressed slightly to 15.8% from 16.0% due to pricing pressures and lower sales volumes. Operating expenses rose to $3.14 million, up from $2.84 million in the prior-year quarter. The company successfully reduced its line of credit balance to $2.65 million from $6.05 million at the end of the previous fiscal year.