Solésence Q1 revenue $13.0M (-11% YoY); net loss $0.8M vs prior-year profit

SOLESENCE, INC.

2026-Q1 EPS reported -$0.01 revenue$12,957,000

Revenue $13.0M vs $14.6M in Q1 2025; gross margin improved to 26% from 23%.
Net loss of $0.8M compared to net income of $0.08M a year ago.
Progress on Transform & Transcend initiative: operational excellence and new platform techs WHSPR and Chromalüm.
Added Marc James as independent director; CFO cites infrastructure investments pressuring near-term profitability.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SOLESENCE, INC. reported the first quarter ended March 31, 2026 results: revenue $13.0 million, net income Net loss for the first quarter was approximately $0.8 million.

Period: the first quarter ended March 31, 2026
Revenue: $13.0 million
Net income: Net loss for the first quarter was approximately $0.8 million
Result: reported results

Exact text from the filing

this will position us for improved operational and financial results as we move through the year.” First Quarter 2026 Financial Highlights Revenue for the first quarter was $13.0 million, compared to $14.6 million for the same period in 2025. Gross profit in the first quarter was $3.3 million, compared to $3.4 million for the same period in 2025. Gross margin in

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Source: SEC EDGAR

accession 0001171843-26-003273

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