Risk Profile Improvements
- Material Weakness (removed) — Previously disclosed material weakness regarding balance sheet classification was remediated as of April 30, 2025 and is no longer mentioned in current filing.
OCC Q2 sales jump 26.6% to $22.2M; Lightera partnership adds data center focus
Filed June 8, 2026 · Period ending April 30, 2026 · Compared to 10-Q Jun 5, 2025 · ~1 min read
Key Changes
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Net sales rose 26.6% to $22.2M in Q2 FY2026 vs. $17.5M prior year, with international sales up 45.3% and domestic up 21.2%. Company swung to $1.1M net income from $698K loss.
MD&A: Financial Results verify on EDGAR → -
high
Strategic collaboration with Lightera announced July 2025 combines product portfolios for data center and enterprise markets. Lightera acquired 7.3% equity stake via redeemable restricted shares.
MD&A: Strategic Collaboration verify on EDGAR → -
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Sales order backlog grew 85% year-over-year to $13.3M at April 30, 2026 vs. $7.2M prior year, signaling strengthening demand and improved forward visibility.
MD&A: Backlog verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Generated by AI · Jun 10, 2026 4:42 PM