“The increase was due to higher saving balances in the first quarter of 2026 . Interest expense decreased by $0.1 million, or 7.6% , for the three months ended March 31, 2026 compared to the three months ended March 31, 2025.”
“The increases were due to the recovery in market demand for our products, which is being driven by the beginning of a major network upgrade project by a major North American MSO customer.”
“The agreement provides that if his employment is terminated as a result of a change of control of the Company, or if his employment is terminated for certain other reasons set forth in the agreements, the Company will be required to pay a severance payment in an amount equal to his annual base salary, and other additional compensation due under the terms of the agreements.”