Financial Performance & Guidance - Q2 2025 Adjusted EBITDA was $61 million[17] - Q2 2025 Adjusted EBITDA attributable to Solaris was $62 million[17] - Q3 2025 Total Adjusted EBITDA guidance is $58-63 million[17] - Q4 2025 Total Adjusted EBITDA guidance is $58-63 million[17] - Net Interest Expense guidance for Q3 2025 is $8 million[23] - Net Interest Expense guidance for Q4 2025 is $8 million[23] Fleet & Capacity - The company expects to operate a 1,700 MW fleet by 1H 2027[5,13] - As of 1H 2027, approximately 75% of the 1,700 MW fleet is expected to be contracted[5] - Q2 2025 Average MW Earning Revenue is 600 MW[10,17] Capital Expenditure - Remaining consolidated capex spend for 2026 is projected to be $525 million[13] - Remaining consolidated capex spend for 2027 is projected to be $255 million[13]

Core Viewpoint - TurnOnGreen, Inc. and its division Digital Power Corporation have reported a significant increase in their contract backlog, now totaling $7.5 million, indicating strong demand for their power solutions across various industries [1][2]. Group 1: Company Overview - TurnOnGreen, Inc. specializes in designing and manufacturing high-performance power solutions for mission-critical applications in demanding environments, serving sectors such as defense, aerospace, medical, industrial, telecommunications, and e-mobility [5]. - The company has over 50 years of expertise in developing customer-driven solutions that enhance performance, sustainability, and reliability [5]. Group 2: Contract Backlog and Demand - The $7.5 million backlog reflects robust demand for Digital Power Corporation's innovative power systems, particularly in military and defense, industrial, medical, e-mobility, and telecommunications sectors [1][2]. - The awarded contracts involve the design and production of advanced power systems that are ruggedized to perform reliably in extreme environments while adhering to strict operational requirements [2][3]. Group 3: Product Offerings - TurnOnGreen and DPC provide custom, scalable power solutions tailored to the unique needs of their global customer base, including high-grade uninterruptible power supplies and integrated power platforms [3]. - Their systems support essential military operations by meeting stringent environmental and operational standards required by global defense original equipment manufacturers (OEMs) [3]. Group 4: Leadership Perspective - The Chairman and CEO of TurnOnGreen emphasized that the growing backlog demonstrates customer trust and the company's commitment to meeting demanding specifications, timelines, and budget requirements across various industries [4].

Financial Performance & Guidance - NN's Q1 2025 net sales were $105.7 million, flat year-over-year on a pro forma basis, but down $15.5 million as reported[14, 40] - Adjusted EBITDA for Q1 2025 was $10.6 million, with an adjusted EBITDA margin of 10.0%, reconfirming FY 2025 guidance of $53-$63 million[14] - The company is lowering its 2025 net sales guidance to $430-$460 million due to GDP uncertainties, but reiterating adjusted EBITDA guidance of $53-$63 million and new business awards guidance of $60-$70 million[12] - NN initiates 2025 guidance for free cash flow at $14 to $16 million[12] Business Transformation & New Business - NN is launching 120 new programs in 2025, expected to add approximately $55 million in peak annual sales[11] - The company's new business program has secured $160 million of new business from January 2023 to May YTD 2025[16, 18, 21] - NN Europe achieved $6.7 million in new wins in Q1 2025, with an estimated total program value of over $50 million[25] - The company's working capital has been reduced by 20%, or $21.6 million, over the last two years, from $106.4 million in Q1 2023 to $84.8 million in Q1 2025[37, 38] Cost Reduction & Operational Efficiency - NN has reduced its global staff by 16%, or 525 people, over two years, with further reductions planned for 2025[29, 33] - The company is implementing a $6.5 million payroll reduction plan in 2025[33] - NN is advancing its organic transition into non-auto areas by leveraging $340 million of installed assets and investing $10-$14 million additional cash capex per year[12]