Operator

Greetings, and welcome to the TechPrecision Corporation Fiscal 2026 Fourth Quarter Earnings Call. As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Mr. Brett Maas, Managing Director of Hayden IR. Thank you, sir. You may begin.

Brett Maas
Hayden Ir, LLC

Thank you. On the call today is Alex Shen, Chief Executive Officer; and Phil Podgorski, Chief Financial Officer.

Before we begin, I'd like to remind our listeners that management's remarks may contain forward-looking statements which are subject to risks and uncertainties, and management may make additional forward-looking statements in response to your questions. Therefore, the company claims the protection of the safe harbor for forward-looking statements as contained in the Private Securities Litigation Reform Act of 1995. Actual results may differ from those discussed today, and therefore, we refer you to a more detailed discussion of risks and uncertainties in the company's financial filings with the SEC. In addition, projections as to the company's future performance represents management's estimates as of today, June 22, 2026. TechPrecision assumes no obligation to revise or update these forward-looking statements.

With that out of the way, I'd like to turn the call over to Alex Shen, Chief Executive Officer, to provide opening remarks. Alex, the floor is yours.

Alexander Shen
CEO & Director

Brett, thank you. Good afternoon to everyone, and thank you for joining us. Fiscal year 2026 fourth quarter consolidated revenue was $8.1 million or 15% lower when compared to $9.5 million in the fiscal year 2025 fourth quarter. Consolidated gross profit totaled $1.1 million or 47% lower when compared to the fourth