Revenue for the first quarter of 2026 was $42.4 million, up 3% from $41.3 million in Q1 2025. Gross profit decreased to $13.0 million (30.6% margin) from $14.5 million (35.2% margin) in the prior year period. Net loss after tax widened to $3.3 million, compared to a $0.7 million loss in Q1 2025. Adjusted EBITDA was $1.4 million, down from $2.1 million in Q1 2025. The company successfully repaid $12.1 million in convertible debentures on January 31, 2026. Reorganization expenses totaled $2.4 million, primarily related to transformation office initiatives and termination benefits.