Preliminary Unaudited First Quarter 2026 Revenue
On a consolidated basis, the Company expects to report revenue in excess of $3.5 million for the first quarter of 2026, reflecting sequential growth over the fourth quarter of 2025. The expected growth reflects anticipated stronger material sales at the Company's Myakka City organics processing facility and an expected meaningful step-up in logistics revenue across the Company's transportation operations.
First quarter material sales at Myakka City, are expected to include processed mulch, compost, and engineered soil products, reflecting the sequential growth from the Company's fourth quarter 2025. This growth is supported by strong customer demand for the Company's high-processed mulch and engineered soil product lines. The Company continues to expand its commercial footprint at Myakka City as it scales the production of higher-value, specification-defined substrates.
The Company's Logistics segment, operated through its Zimmer Equipment Inc. ("ZEI") operations, is also expected to report higher revenue for the first quarter of 2026 relative to the fourth quarter of 2025, supported by strong route utilization and continued hauling activity across its organic waste transportation network. ZEI continues to serve as the backbone of the Company's integrated feedstock supply to Myakka City while generating third-party transportation revenue across its service footprint.
The expected revenue disclosures contained in this press release are preliminary and unaudited. The Company's independent registered public accounting firm has not conducted a review of the preliminary unaudited revenue disclosures set forth in this press release. Such estimates reflect management's current expectations based on information available as of the date of this release and remain subject to the Company's normal quarterly closing procedures, internal review, and review by the Company's independent registered public accounting firm. Segment-level financial information, cost of revenue, operating expenses, and net loss for the quarter, together with other required disclosures, will be reported in the Company's Quarterly Report on Form 10-Q. It is possible that the Company or its independent registered public accounting firm may identify items that require the Company to make adjustments to the preliminary estimate of revenue set forth in this press release. Actual results may differ from these preliminary expectations.
Microtec ...
