The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Noel Atkinson - Clarus Securities Inc - Analyst
: Brent, Dylan, really well done in Q4. Congratulations on that. A few questions for me, just firstly, are there any product areas of strength that
you're seeing in your machine order pipeline?
Question: Noel Atkinson - Clarus Securities Inc - Analyst
: That's right, yeah.
Question: Noel Atkinson - Clarus Securities Inc - Analyst
: Great. And then maybe -- could -- as a follow on, just what are you seeing in terms of pipeline. Like relative to where you were kind of this
time last year, what are you seeing in terms of your overall pipeline for large scale machines?
Question: Noel Atkinson - Clarus Securities Inc - Analyst
: Okay. And then just finally for me on your tolling activity. So that's been something that has been a help to the business in a few years back
and they had slowed down a little bit last year, I think. Are you seeing opportunities to ramp the tolling back up again? And kind of how do
you see tolling as a part of your overall strategy?
Question: Noel Atkinson - Clarus Securities Inc - Analyst
: Okay, great. That's all for me. Thank you.
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DECEMBER 15, 2025 / 3:00PM, ENW.V - Q4 2025 Enwave Corp Earnings Call
Question: Bart Goemaere - BeursTips - Analyst
: Congratulations on the results. I have a few questions. First of all, in your balance sheet, I see that there's a huge increase in the long-term
portion of lease liabilities. Can you explain me that?
Question: Bart Goemaere - BeursTips - Analyst
: Okay. Thank you. And regarding the verticals, something I didn't hear was cannabis, and you sold one machine of an existing cannabis
partner. But last week, there were some interesting comments from President Trump regarding the cannabis market. Do you still see potential
there?
Question: Bart Goemaere - BeursTips - Analyst
: Okay, thank you. And one last question, can you comment a bit on the efforts in the pharmaceutical industry with your partner in Germany,
I think.
Question: Bart Goemaere - BeursTips - Analyst
: Okay. Thank you, and good luck in this fiscal year.
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