financial results

most recent quarter

q2 2026 results

$7.3M

GROSS REVENUE
-16% Y/Y

$2.4M

GROSS PROFIT
+62% Y/Y

+33%

GROSS MARGIN
+16 pts

$(0.6)M

ADJUSTED EBITDA
+$0.7M

QUARTERLY RESULTS

QUARTER

REVENUE

GROSS MARGIN

ADJ. EBITDA

MATERIALS

Q1 2025

$9.4M

22.0%

-$0.7M

Q2 2025

$8.7M

24.0%

-$1.2M

PR | VIDEO |

Salisbury Canyon Ranch Begins Contributing
First in-house biomass enters extraction lines in Q3 2025

Q3 2025

$8.4M

45.0%

$0.7M

Q4 2025

$8.3M

45.5%

$1.0M

Q1 2026

$9.4M

49.0%

$2.4M

Q2 2026

$7.3M

33.0%

$(0.6)M