Financial Data and Key Metrics Changes - The company achieved a record revenue of $8.1 million for Q2, representing a 61% increase compared to $5 million in the same quarter last year [6][4] - Gross profit for the quarter was $1.3 million, approximately 16.5% of sales, compared to a gross loss of $200,000 last year [6][8] - The company reported an operating profit of about $137,000 in Q2, compared to an operating loss of approximately $1.3 million last year [8] - Net income was just over $100,000 or $0.01 per share, versus a net loss of about $900,000 or $0.07 per share in the previous year [8] Business Line Data and Key Metrics Changes - The company has broadened its core product offerings and anticipates continued strong revenue results driven by strong customer demand and improved manufacturing output [6][4] - Manufacturing capacity has increased significantly, with the addition of a third shift to meet growing demand [11][8] Market Data and Key Metrics Changes - The company is experiencing strong demand across various markets, including defense spending and material science solutions [5][4] - The federal budget for fiscal 2026 prioritizes defense spending, which is expected to benefit the company’s ballistic solutions [18] Company Strategy and Development Direction - The company is focused on increasing manufacturing efficiencies to improve profitability and returns for shareholders [16][21] - Ongoing innovation in material science is a key area of focus, with new technologies being brought to market and development contracts being secured [11][14] - The company is committed to expanding gross margins and improving overall performance [15][21] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about future revenue opportunities, citing a strong order pipeline and ongoing demand [24][4] - The company is actively pursuing additional SBIR contracts and has a solid backlog to meet robust demand [19][20] Other Important Information - The company recently won its fourth SBIR development contract of the year, focusing on reducing the weight of military vehicles [11] - The first purchase order for Almax Materials has been received, indicating commercial traction for the newly licensed fiber reinforced aluminum composites [13][14] Q&A Session Summary Question: Visibility into future revenues and sales cycle - Management indicated that the ordering cycle varies, with some customers placing orders a few months out, while others are in the four to six month timeframe [23][24] Question: Impact of data center spending on the company - Management acknowledged the growing interest in high voltage DC projects, which could provide new opportunities for the company, separate from its core markets [27][29] Question: Status of a terminated radiation shielding contract - Management confirmed that the specific contract has been fully canceled, but remains optimistic about future opportunities in radiation shielding [33][34] Question: Capacity constraints with increased production - Management noted that while demand remains robust, plans are underway to address potential capacity constraints [37][38] Question: Licensing of fiber reinforced aluminum technology - Management clarified that the company is the exclusive global licensee and is working to enhance the material's capabilities beyond the original development [40][41]