Aug 14, 2026 earnings call — Progress toward EU certification and commercialization shift
Management guided full year 2026 revenue of $50 million to $55 million.
Revenue $0.0B (est $0.0B) · EPS $15.81 (est $-0.76) · Next-quarter revenue outlook $0.1B–$0.1B
Key quotes
"ISCC EU certification verifies compliance with the EU's Renewable Energy Directive, RED, sustainability and greenhouse gas criteria, and it's also recognized by the U.K.'s Department for Transport."
"As you can see on Slide 8, on the operating cost front, second quarter 2026 operating expenses were $11.7 million compared with $35.1 million in the second quarter of 2025, a decrease of 67%."
"Our DRAGON, Humber and FLITE projects will each represent roughly 23 million gallons of SAF production per year and approximately $115 million of potential offtake revenue annually."