The software company Vidhance reports lower revenue and a reduced operating loss in the first quarter of 2026 compared with the same quarter last year.Net sales fell 31.3 percent to SEK 3.3 million (4.8).Ebitda amounted to SEK -5.6 million (-6.6). Operating profit/loss amounted to SEK -6.3 million (-8.6). Profit/loss after tax amounted to SEK -6.2 million (-8.7). Earnings per share amounted to SEK -1.35 (-1.89)."The result for the first quarter of 2026 has been negatively affected on the revenue side by three customers postponing their launches to Q2 and Q3, combined with one-off costs linked to the establishment of the new subsidiaries and business segments as well as costs related to implemented savings," the company writes in the interim report. The business pipeline within Defence and Vision Systems is developing well, with active dialogues in several European countries as well as in the US. The sales cycles are longer than in the consumer business. - Despite the delayed launches, we do not assess that the prospects for Consumer Technologies have deteriorated in the medium to long term. It is an industry heavily exposed to consumers' purchasing power and also to the availability of semiconductors and other components, which creates volatility, especially in a market like the one we have now. The dialogues with existing and potential customers confirm that demand for our solutions remains strong. Within defense, we continue to build pipeline and drive toward concrete deals, with a lower cost base and a clearer organization, comments CEO Johan Bolin.Vidhance, SEK millionQ1-2026Q1-2025ChangeNet sales3.34.8-31.3%Ebitda-5.6-6.6Operating profit/loss-6.3-8.6Net profit/loss-6.2-8.7Earnings per share, SEK-1.35-1.89