Core Insights - DISCO reported an earnings per share (EPS) of -$0.13, missing the estimated EPS of -$0.05, but generated revenue of approximately $41.2 million, exceeding expectations of $39.9 million [1][6] Financial Performance - The company has a price-to-earnings (P/E) ratio of -4.62, indicating negative earnings, while the price-to-sales ratio stands at 1.30, suggesting that investors are willing to pay $1.30 for every dollar of sales [3] - DISCO's enterprise value to sales ratio is approximately 1.17, indicating a reasonable valuation relative to its sales, but the enterprise value to operating cash flow ratio of -12.32 points to negative operating cash flow [4] - The current ratio of 3.78 reflects strong liquidity, indicating that the company has ample current assets to cover its liabilities [4][6] Product Development - DISCO's new platform integrates eDiscovery and AI tools, aiming to streamline litigation, investigations, and regulatory responses, with features like deposition management and timeline capabilities [2][6] - CEO Eric Friedrichsen highlighted that the company's innovative approach and AI solutions have been significant growth drivers, contributing to strong results in 2025 and continuing into 2026 with new industry-first solutions [5]