Red Emitter Sales -- Sales totaled $15 million, representing a decrease from $24 million in the same period last year. Second Half Outlook -- Management expects second half revenue to exceed first half revenue, driven by product launch cycles in the third quarter and early 2027. INDUSTRY GLOSSARYUniversalPHOLED : The company's brand of phosphorescent OLED materials which are significantly more energy-efficient than traditional fluorescent materials. : The company's brand of phosphorescent OLED materials which are significantly more energy-efficient than traditional fluorescent materials. Full Conference Call TranscriptOperator: Good day, ladies and gentlemen, and welcome to Universal Display Corporation's Second Quarter 26 Earnings Conference Call.