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Q2 FY2026 EarningsQ2 FY26 revenue of $128.7M exceeded consensus of $116.1M by 10.9%, driven by a 39.5% YoY surge in the Power Solutions segment. While GAAP EPS of -$0.13 was better than the expected -$0.16, gross margin of 17.0% missed the 18.35% mean estimate due to unfavorable plant mix and raw material volatility. The quarter's highlight is the subsequent $70.4M private placement and Series D Preferred Stock redemption, which significantly deleverages the balance sheet and reduces the liquidation preference overhang from ~$122M to $35M.