Operator

Good day, everyone, and welcome to today's Flexible Solutions International's First Quarter 2026 Financials Conference Call. [Operator Instructions] Please note this call is being recorded, and I will be standing by if you should need any assist. It is now my pleasure to turn the conference over to Dan O'Brien. Please go ahead, sir.

Daniel O’Brien
President, CEO, Principal Financial & Accounting Officer and Director

Thanks, Ross. Good morning. This is Dan O'Brien, CEO of Flexible Solutions. The safe harbor provision of the Private Securities Litigation Reform Act of 95 provides a safe harbor for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involves risks and uncertainties. These forward-looking statements may be impacted either positively or negatively by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.

Welcome to the first quarter FSI conference call. To begin, I'll review our company condition and our product lines, along with what we think might occur in Q2 and Q3 2026. I'll comment on our financials in the second part of the speech. The NanoChem division. NCS represents the majority of FSI's revenue. In 2022, NCS started food-grade operations. By the end of 2026, we expect that NCS will be 100% focused on food-grade products. Growth in the NCS division will be in food and nutraceuticals only. The Panama division, this division makes thermal polyaspartic acid called TPA for short. It's a biodegradable polymer with many valuable uses.