Total revenue for Q1 2026 reached $80.2 million, a significant increase from $51.7 million in Q1 2025. Net income was $0.6 million, or $0.01 per diluted share, compared to a net loss of $8.1 million, or $0.16 per share, in the prior-year period. Aerospace and Defense revenue grew 68.6% year-over-year to $55.1 million. The company successfully completed a public offering in February 2026, raising $191.3 million in net proceeds. Cash and cash equivalents increased to $298.2 million as of March 31, 2026, up from $98.7 million at year-end 2025.