Net sales for Q1 2026 reached $141 million, a 4% increase from $136 million in the prior year period. Diluted earnings per share were $0.01, impacted by non-recurring costs; adjusted EPS was $0.27. The company generated $19 million in cash from operations during the quarter. A strategic cooperation agreement was reached with Beretta Holding to avoid a proxy contest. New products accounted for $51.6 million, or 41% of total firearm sales. The company maintains a strong balance sheet with $105 million in cash and short-term investments and no debt.