Jake Bouma

Good morning or good afternoon to our European shareholders, everyone. Welcome, and thank you for joining Nanalysis Scientific Corp.'s Q1 2026 Earnings Call. I'm Jake Bouma, an IR consultant for Nanalysis. Today, on the line discussing Nanalysis' Q1 2026 financial results and company highlights are the company's President, CEO and Founder, Sean Krakiwsky; and Interim CFO, Heather Kury. Following their remarks, we will open up the call for an analyst Q&A session.

Before handing over the call to Sean and Heather, please note that information we present today could contain forward-looking information that is based on management's expectations, estimates and projections. Please consider the risk factors, including those in the filings made by Nanalysis on SEDAR when reviewing this information. Also, all amounts discussed will be in Canadian dollars unless otherwise noted.

With that, I'd like to turn the call over to Nanalysis' Interim CFO, Heather Kury.

Heather Kury
Interim CFO & Corporate Controller

Thank you, Jake, and thank you to everyone joining us on the call for taking the time out of your day to allow us to share with you the progress we are making here at Nanalysis. I will begin by walking through the financial results for the first quarter, which ended March 31, 2026.

For the 3 months ending March 31, 2026, the company reported consolidated revenue of $10.667 million, an increase of $73,000 or 1% from the comparative period in 2025. While there was a decline in product revenue due to lower benchtop sales and the termination of third-party equipment sales contracts, Security Services revenue increased primarily due to higher levels of