Good afternoon, and welcome to the presentation of Akastor's first quarter results. My name is Oyvind Paaske, CFO, and I'm joined today by our CEO, Karl Erik Kjelstad.

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Local Bounti reported a 15% year-over-year revenue growth to $13.3 million for Q1 2026, with a 35% improvement in adjusted EBITDA loss and a 30% decrease in adjusted G&A expenses.

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NDA Submission Status -- D-PLEX100 rolling New Drug Application was initiated with the FDA on March 30, 2026, with CMC, nonclinical, and administrative modules submitted, and the clinical module ...

Announced with Cerberus the formation of Frontier Power USA, a stand-alone purpose-built entity to develop, finance, and operate LDES projects to ...

US Market Entry -- First US pool system delivery presented as a strategic milestone for future market expansion.