2026 Financial Outlook

The 2026 guide embeds a clear 2H26 inflection, with execution dependent on school‑year volume, mix recovery, and facility optimization. At the midpoint, 2026 revenue of $30.0 million implies approximately 111% y/y growth from 2025 revenue of $14.2 million. Adjusted EBITDA guidance of $3.2–$3.8 million implies an improved profitability in 2H26 as school‑year demand, production efficiency, and product mix improve.