Syntec Optics Holdings, Inc. (OPTX) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome to the Syntech Optics Holdings Inc. First Quarter 2026 Earnings Conference Call. At this time, all participants are in a listen-only mode. Please note that today's call is being recorded and will be available for replay on the company's website at www.syntechoptics.com. Before we begin, please note that today's discussion includes forward-looking statements within the meaning of the federal securities laws. These statements are based on current expectations and involve risks and uncertainties that may cause actual results to differ materially. For discussion of these risks, please refer to our filings with the Securities and Exchange Commission, including our Form 10-K and Form 10-Q filings. Syntec Optics undertakes no obligation to update any forward-looking statements except as required by law. Joining us today are Dean Rudy, Chief Financial Officer, and Paul Opella, Controller of Syntec Optics. I will now turn the call over to Dean Rudy. Thank you, Operator, and good afternoon, everyone. We appreciate everyone joining us today to discuss Syntech Optics first quarter 2026 results and recent strategic developments. While our first quarter financial results reflected temporary shipment timing delays associated with biomedical and market purchase order versions, We believe the quarter also demonstrated continued operational progress and positioned the company for stronger performance moving forward. Importantly, subsequent to quarter end, we completed a transformational public offering, which significantly strengthened our balance sheet. We believe the company's achievement of the capital raise milestone enabled the optimization of the capital structure and provided additional flexibility to acquire or invest in complementary businesses, technolog...