Net revenue for the quarter ended March 31, 2026, decreased 11.5% to $33.8 million compared to $38.2 million in the prior year quarter. Net income fell to $3.8 million ($0.26 per share) from $6.1 million ($0.42 per share) in the same period last year. The company's backlog surged to $60.5 million as of March 31, 2026, a significant increase from $27.8 million a year earlier. Operating income was heavily impacted by trade show expenses, which spiked to $3.5 million in the quarter compared to $0.3 million in the prior year. Gross profit margins improved to 31.7% for the quarter, up from 29.7% in the previous year, driven by product mix and pricing. Total liquidity remains strong with $43.5 million in cash and $111.7 million in marketable securities.