Core Viewpoint - Earth Science Tech, Inc. is implementing strategic initiatives to enhance governance, transparency, and align leadership incentives with long-term shareholder value creation as part of its growth strategy [1][2]. Financial Performance - The company reported approximately $3.3 million in net income for the fiscal year ending March 31, 2025, and anticipates $1.4 million in cost savings for the fiscal year ending March 31, 2026, potentially leading to $4.7 million in net income going forward [3]. Strategic Initiatives - The company is focusing on optimizing its portfolio by divesting non-core assets and consolidating operating subsidiaries to improve operational synergies and margins [6]. - Enhancements in corporate governance include expanding shareholder engagement and introducing a non-binding "say-on-pay" advisory vote at an upcoming shareholder meeting [6]. - The company is evaluating measures to rationalize its capital structure and align management incentives with shareholder value, including an advisory vote on the retirement of Series B Preferred Stock [6]. - Executive compensation reforms include the CEO and COO voluntarily voiding their contracts and waiving key compensation components to prioritize governance and shareholder feedback [6]. - The Board of Directors has voted to reduce its compensation and postpone new contract negotiations until after the July 2026 annual proxy [6]. Leadership Statements - The CEO emphasized that the company has transformed into a streamlined operating platform with accelerating revenue momentum and is now ready to advance toward a shareholder-driven public company structure [4]. - An Independent Director highlighted the significance of the restructuring in corporate governance, indicating a commitment to capital stewardship and performance-driven compensation [5]. Future Outlook - The company anticipates that the underlying momentum from these changes will become evident in financial results over time, supported by disciplined cost management and stronger cash generation [7].