Core Viewpoint - Castellum, Inc. has amended a letter agreement to reduce its principal balance on notes payable by $2 million, resulting in an aggregate principal balance of $4 million, and has extended the maturity date of the remaining note until December 15, 2027 [1][2]. Financial Strategy - The reduction in debt is part of Castellum's strategy to de-leverage its balance sheet and reduce overall debt service, which reflects the company's resilience and recent success [3]. - The company emphasizes that this strategic move will strengthen its ongoing performance and support its organic growth strategy [3][4]. Leadership Statements - David Bell, Chief Financial Officer, highlighted that the success in implementing debt mitigation plans contributes to a healthy balance sheet and positions the company for timely investments [3]. - Glen Ives, Chief Executive Officer, stated that this step is significant for the growth of Castellum, focusing on its people, mission customers, and shareholders [4]. Company Overview - Castellum, Inc. operates in the cybersecurity, electronic warfare, and software engineering services sectors, primarily serving the federal government [5].