Reported Q1 2026 revenue of $1.65 million, a 5% increase year-over-year. Announced a non-binding letter of intent to acquire Carbonium Core, Inc., a producer of nuclear-grade graphite, at an implied enterprise valuation of $120 million. Operating expenses decreased by 15% to $1.46 million compared to Q1 2025. Net loss for the quarter was $811,000, or $0.04 per share. Sales order backlog stands at $1.7 million, with an integration pipeline of $4.3 million.