Reported net income per share of $0.56 for Q1 2026, the highest first-quarter result in company history. Net sales and revenue reached $156.5 million, slightly down from $158.3 million in Q1 2025 due to lower ethanol pricing. Gross profit increased significantly to $29.1 million from $14.3 million in the prior-year period. Consolidated ethanol sales volumes totaled 71.1 million gallons. Maintained a strong balance sheet with $364.3 million in cash, cash equivalents, and short-term investments with no bank debt.