Operator
Good morning, everyone, and welcome to Hydreight Technologies First Quarter 2026 Earnings Conference Call. [Operator Instructions] This call will be recorded as well. A replay will be made available on the company’s Investor Relations website following this call, and we will send an e-mail out shortly after to our shareholder list just in case you do have to leave for any reason. We’re just going to give it a few moments before we begin as we see some people in the wait room, and we’ll let them join here.
Also before we begin, please note that today’s remarks contain forward-looking statements within the meaning of applicable Canadian securities laws. Actual results may differ materially from those expressed or implied today. For a discussion of the assumptions and risk factors involved, please refer to the company’s MD&A and other continuous disclosure documents filed on SEDAR+ on the company’s profile.
Today’s discussions also reference certain non-GAAP financial measures, including adjusted revenue, adjusted gross margin and adjusted EBITDA. Reconciliations to the most comparable GAAP measures are provided in the company’s MD&A and news release. And we’re just going to give it a few moments here, and then we’ll begin. And just want to make sure that sound is working. If you guys can just put a thumbs up in that chat section, that would be greatly appreciated. Perfect.
And I’ll now turn the call over to Shane Madden, the Chief Executive Officer of Hydreight Technologies.
Shane Madden
CEO & Director
Thank you, Abby. Good morning, everybody, and thank you for joining us. I’m going to start with the headline, and then I want to spend some time this morning on what drove the results, the












