ACRS Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $4.39
Market Cap (MRQ) $614M
P/E (TTM) -7.6
EPS (TTM) $-0.58
Revenue (TTM) $8M
ROE (TTM) -59.1%
52W Range $2–$7

ACRS Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$8M
2017-12-31 → 2025-12-31
EPS$-0.53
2019-12-31 → 2025-12-31
Free Cash Flow$-47M
2016-12-31 → 2025-12-31
Net margin-921.5%
2017-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend ACRS 5Y avg Peer Median Verdict
P/E (TTM) -7.65Y avg ≈-5.8 ≈-5.8 · ·
P/S (TTM) 74.75Y avg ≈46.0 ≈46.0 4.9 Overvalued
P/B (MRQ) 4.95Y avg ≈3.1 ≈3.1 3.8 Overvalued
Price / FCF (TTM) -9.95Y avg ≈-10.8 ≈-10.8 · ·
Price / Cash Flow (TTM) -9.95Y avg ≈-10.9 ≈-10.9 · ·
Price / Tangible Book 5.15Y avg ≈3.2 ≈3.2 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 4.5%
Next Report Nov 04, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Aug 12, 2026 $-0.15 $-0.16 8.1%
March 31, 2026 May 12, 2026 $-0.15 $-0.16 6.8%
Dec. 31, 2025 $-0.16 $-0.15 -4.6%
Sept. 30, 2025 $-0.12 $-0.14 12.9%
June 30, 2025 $-0.13 $-0.14 4.1%
March 31, 2025 $-0.12 $-0.12 -0.08%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 17
Metric Trend 202520242023202220212020201920182017
Revenue $8M$19M$31M$30M$7M$6M$4M$6M$2M
Cost of Revenue $2M$3M$3M$4M$5M$5M$4M$4M$1M
Gross Profit ·······$3M$476.0K
R&D Expense $53M$34M$98M$78M$44M$29M$64M$61M$36M
SG&A Expense $22M$22M$32M$25M$24M$21M$28M$26M$19M
Operating Expenses $84M$161M$129M$120M$96M$57M$115M$91M$56M
Operating Income $-76M$-142M$-97M$-90M$-90M$-51M$-111M$-85M$-54M
Interest Income $8M$8M$9M······
Other Non-op $11M$10M$9M$3M$-1M$-424.0K$-2M$3M$2M
Pretax Income $-65M$-132M$-89M$-87M$-91M$-51M$-114M$-82M$-70M
Income Tax ··$-367.0K··$-182.0K··$-2M
Net Income $-65M$-132M$-88M$-87M$-91M$-51M$-161M$-133M$-69M
EPS (Basic) $-0.53$-1.71$-1.27$-1.33$-1.60$-1.20$-3.90··
EPS (Diluted) $-0.53$-1.71$-1.27$-1.33$-1.60$-1.20$-3.90··
Shares (Basic) 122,564,74177,296,66569,808,85565,213,94456,730,58342,539,29341,323,921··
Shares (Diluted) 122,564,74177,296,66569,808,85565,213,94456,730,58342,539,29341,323,921··
EBITDA $-76M$-141M$-96M$-89M$-89M$-50M$-105M$-134M$-72M
Balance Sheet 27
Metric Trend 202520242023202220212020201920182017
Cash & Equivalents $20M$25M$40M$45M$27M$22M$34M$168M$20M
Receivables ·$318.0K$298.0K$484.0K$623.0K$772.0K$704.0K$563.0K$481.0K
Inventory ······$0$791.0K·
Prepaid Expense ·$12M$9M$13M$13M$3M$3M$5M$6M
Current Assets $96M$126M$129M$232M$205M$57M$84M$179M$200M
PP&E (Net) $761.0K$1M$2M$1M$1M$2M$2M$2M$2M
PP&E (Gross) ·$6M$6M$5M$5M$4M$5M$4M$3M
Accum. Depreciation ·$5M$4M$4M$3M$3M$2M$1M$480.0K
Goodwill ·······$19M$19M
Intangibles ··$269.0K$7M$7M$7M$7M$7M$7M
Other Non-current Assets $3M$3M$4M$3M$4M$5M$5M$332.0K$279.0K
Total Assets $160M$220M$197M$255M$251M$71M$98M$276M$244M
Accounts Payable $13M$5M$9M$10M$10M$5M$10M$12M$8M
Accrued Liabilities $9M$20M$19M$9M$10M$6M$8M$8M$5M
Current Liabilities $29M$32M$31M$22M$23M$15M$22M$27M$13M
Capital Leases $2M$2M$3M$2M$2M$3M$4M··
Deferred Tax ···$367.0K$367.0K$367.0K$549.0K$549.0K$549.0K
Other Non-current Liabilities $2M$4M$3M$2M$2M$3M$4M$476.0K$558.0K
Total Liabilities $57M$65M$40M$57M$54M$33M$28M$60M$18M
Long-term Debt ·····$11M·$30M·
Common Stock $1.0K$1.0K$1.0K$1.0K$1.0K····
Paid-in Capital $1.07B$1.06B$928M$881M$793M$542M$524M$507M$385M
Retained Earnings $-968M$-903M$-771M$-682M$-595M$-505M$-454M$-292M$-159M
AOCI $610.0K$97.0K$-106.0K$-897.0K$-224.0K$-94.0K$-66.0K$-69.0K$-246.0K
Stockholders' Equity $103M$156M$157M$198M$197M$38M$70M$215M$225M
Liabilities + Equity $160M$220M$197M$255M$251M$71M$98M$276M$244M
Shares Outstanding 120,499,433107,850,12470,894,88966,688,64761,228,44645,109,31441,485,63841,210,72530,856,505
Cash Flow 11
Metric Trend 202520242023202220212020201920182017
D&A $454.0K$807.0K$863.0K$797.0K$923.0K$1M$6M$2M$402.0K
Stock-based Comp $12M$11M$21M$15M$14M$11M$16M$20M$14M
Amort. of Intangibles ··$75.0K$75.0K$75.0K$75.0K$75.0K$75.0K$31.0K
Restructuring ··$3M······
Other Non-cash $5M$100M$-11M$4M$24M$-149.0K$42M$10M$-972.0K
Operating Cash Flow $-47M$-20M$-78M$-68M$-52M$-39M$-96M$-101M$-55M
CapEx $111.0K$121.0K$1M$605.0K$308.0K$453.0K$2M$1M$1M
Investing Cash Flow $48M$-70M$46M$13M$-168M$6M$106M$9M$-56M
Financing Cash Flow $-6M$75M$27M$73M$225M$18M$-30M$128M$100M
Net Change in Cash $-5M$-15M$-5M$18M$5M$-14M$-21M$37M$-10M
Free Cash Flow $-47M$-20M$-80M$-68M$-52M$-39M$-98M$-102M$-56M
Profitability 8
Metric Trend 202520242023202220212020201920182017
Gross Margin ·······32.1%28.3%
Operating Margin -975.9%-758.2%-311.6%-302.0%-1327.1%-785.4%-2627.3%-1341.9%-4303.2%
Net Margin -829.6%-705.5%-283.2%-292.1%-1344.0%-787.0%-3817.2%-1315.4%-4071.5%
Pretax Margin -829.6%-705.5%-284.3%-292.1%-1344.0%-792.0%-3817.2%-1315.4%-4180.2%
EBITDA Margin -970.1%-753.9%-308.8%-299.3%-1313.4%-765.0%-2475.7%-1323.3%-4279.3%
ROA -34.1%-63.2%-39.1%-34.4%-56.4%-60.3%-86.3%-51.1%-32.7%
ROE -55.3%-92.5%-56.5%-41.6%-43.9%-130.1%-207.9%-73.5%-34.7%
ROIC ··-61.7%··-134.8%··-31.3%
Liquidity & Solvency 2
Metric Trend 202520242023202220212020201920182017
Current Ratio 3.44.04.210.68.93.93.76.615.7
Quick Ratio 0.70.81.32.11.21.53.46.31.6
Efficiency 3
Metric Trend 202520242023202220212020201920182017
Asset Turnover 0.00.10.10.10.00.10.00.00.0
Inventory Turnover ······10.317.3·
Receivables Turnover ·60.879.953.89.78.86.73.87.0
Per Share 5
Metric Trend 202520242023202220212020201920182017
Book Value / Share $0.86$1.44$2.22$2.96$3.22$0.83$1.69$5.22$7.31
Revenue / Share $0.06$0.24$0.45$0.46$0.12····
Cash Flow / Share $-0.38$-0.26$-1.12$-1.04$-0.92····
Cash / Share $0.17$0.23$0.56$0.68$0.45$0.49$1.81$4.08$0.66
EPS (TTM) $-0.53$-1.71$-1.27$-1.33$-1.60$-1.20$-3.90··
Growth Rates 3
Metric Trend 202520242023202220212020201920182017
Revenue YoY -58.2%-40.1%5.0%340.1%4.3%····
Revenue CAGR 3Y -35.9%40.4%68.9%······
Revenue CAGR 5Y 3.8%········
Valuation (TTM) 10
Metric Trend 202520242023202220212020201920182017
Revenue TTM $8M$19M$31M$30M$7M$6M$4M$6M$2M
Net Income TTM $-65M$-132M$-88M$-87M$-91M$-51M$-161M$-133M$-69M
Market Cap $363M$267M$74M$1.05B$890M$292M$78M$305M$760M
P/E -5.7-1.5-0.8-11.8-9.1-5.4-0.5··
P/S 46.314.32.435.3131.745.018.549.5451.8
P/B 3.51.70.55.34.57.81.11.43.4
P / Tangible Book 3.51.70.55.54.79.6···
P / Cash Flow -7.7-13.3-1.0-15.5-17.1-7.6-0.8-3.0-13.9
P / FCF -7.7-13.2-0.9-15.4-17.0-7.5-0.8-3.0-13.6
Earnings Yield -17.6%-69.0%-121.0%-8.4%-11.0%-18.6%-206.3%··

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $8M $19M $31M $30M $7M
Operating Margin % -975.9% -758.2% -311.6% -302.0% -1327.1%
Net Income $-65M $-132M $-88M $-87M $-91M
Diluted EPS $-0.53 $-1.71 $-1.27 $-1.33 $-1.60

Institutional owners (13F) 159 filers · $647.0M total · As of June 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 159
Value held $647.0M
New positions 29
Exited positions 14
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
29 (-7 vs prior Q) 14 (0 vs prior Q) 66 (+25 vs prior Q) 35 (-6 vs prior Q) +10.0M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
RA CAPITAL MANAGEMENT, L.P. $67,304,808 12,723,026 10.40% Shares
BML Capital Management, LLC $63,347,750 11,975,000 9.79% Shares
BlackRock, Inc. $53,095,772 10,037,008 8.21% Shares
Deep Track Capital, LP $49,435,050 9,345,000 7.64% Shares
Vivo Capital, LLC $35,414,630 6,694,637 5.47% Shares
VANGUARD CAPITAL MANAGEMENT LLC $30,776,511 5,817,866 4.76% Shares
Frazier Life Sciences Management, L.P. $26,055,228 4,925,374 4.03% Shares
Rock Springs Capital Management LP $22,908,514 4,330,532 3.54% Shares
ADAGE CAPITAL PARTNERS GP, L.L.C. $21,535,590 4,071,000 3.33% Shares
Decheng Capital LLC $21,380,783 4,041,736 3.30% Shares
VANGUARD GROUP INC $19,571,260 6,502,080 3.02% Shares
STATE STREET CORP $17,220,749 3,255,340 2.66% Shares
GEODE CAPITAL MANAGEMENT, LLC $16,879,468 3,190,058 2.61% Shares
BRAIDWELL LP $11,333,021 2,142,348 1.75% Shares
Balyasny Asset Management L.P. $10,704,156 2,023,470 1.65% Shares
SILVERARC CAPITAL MANAGEMENT, LLC $10,296,890 1,946,482 1.59% Shares
Kalehua Capital Management LLC $9,693,211 1,832,365 1.50% Shares
CITADEL ADVISORS LLC $9,321,408 1,762,081 1.44% Shares
Jones Hill Capital LP $9,307,713 1,759,492 1.44% Shares
Palo Alto Investors LP $8,535,045 1,613,430 1.32% Shares
Woodline Partners LP $8,522,476 1,611,054 1.32% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $7,753,738 1,465,735 1.20% Shares
PANAGORA ASSET MANAGEMENT INC $7,174,044 1,356,152 1.11% Shares
Connor, Clark & Lunn Investment Management Ltd. $6,400,297 1,209,886 0.99% Shares
MPM BIOIMPACT LLC $5,514,650 1,042,467 0.85% Shares
DEUTSCHE BANK AG\ $5,506,652 1,040,955 0.85% Shares
NORTHERN TRUST CORP $5,283,456 998,763 0.82% Shares
KOTLER KEVIN $5,134,846 1,705,929 0.79% Shares
Aldebaran Capital, LLC $4,955,307 936,731 0.77% Shares
VANGUARD FIDUCIARY TRUST CO $4,798,945 907,173 0.74% Shares
RENAISSANCE TECHNOLOGIES LLC $4,324,739 817,531 0.67% Shares
Three Bridge Wealth Advisors, LLC $3,781,414 714,823 0.58% Shares
GOLDMAN SACHS GROUP INC $3,222,447 609,158 0.50% Shares
MILLENNIUM MANAGEMENT LLC $2,771,405 523,895 0.43% Shares
CITADEL ADVISORS LLC $2,756,090 521,000 0.43% Call option
DIMENSIONAL FUND ADVISORS LP $2,714,467 513,840 0.42% Shares
JPMORGAN CHASE & CO $2,354,200 468,964 0.36% Shares
Aisling Capital Management LP $2,298,267 434,455 0.36% Shares
ORBIMED ADVISORS LLC $2,229,735 421,500 0.34% Shares
D. E. Shaw & Co., Inc. $2,192,700 414,499 0.34% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $2,182,384 412,549 0.34% Shares
Tetragon Partners GP Ltd $2,116,000 400,000 0.33% Shares
Russell Investments Group, Ltd. $1,931,139 365,055 0.30% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $1,830,647 346,058 0.28% Shares
FMR LLC $1,660,267 313,850 0.26% Shares
Bank of New York Mellon Corp $1,494,949 282,599 0.23% Shares
Nuveen, LLC $1,472,758 278,404 0.23% Shares
RAYMOND JAMES FINANCIAL INC $1,457,982 275,611 0.23% Shares
WELLINGTON MANAGEMENT GROUP LLP $1,415,064 267,498 0.22% Shares
SUPERSTRING CAPITAL MANAGEMENT LP $1,363,101 257,675 0.21% Shares

Show all 159 institutional owners →

Activists & 5%+ owners 4 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
M. Arkin (1999) Ltd., Moshe Arkin ×3 filings Dec. 19, 2019 · Initial filing · SEC
Vivo Ventures VII, LLC ×6 filings Feb. 14, 2019 · Initial filing · SEC
Sofinnova Venture Partners VIII, L.P. (“SVP VIII”), Sofinnova Management VIII, L.L.C. (“SM VIII”), Dr. Michael F. Powell (“Powell”), Dr. James I. Healy (“Healy”), Dr. Anand Mehra (“Mehra”) ×3 filings Feb. 14, 2018 · Initial filing Passive investment SEC
Vivo Ventures VII, LLC FEIN, Vivo Ventures Fund VII, L.P. FEIN, Vivo Ventures VII Affiliates Fund, L.P. FEIN Oct. 20, 2015 · Initial filing Passive investment SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 28 insiders · 15 officers · 14 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Neal Walker CEO Feb. 2, 2026 A 1,543,886 0 0 $0
Douglas J. Manion Pres and CEO Jan. 1, 2024 M 41,813 0 0 $0
Kevin Balthaser Chief Financial Officer March 1, 2026 M 187,453 0 0 $0
Frank Ruffo Chief Financial Officer March 10, 2022 S 201,883 0 0 $0
Hugh M. Davis President and COO Feb. 2, 2026 A 45,425 0 0 $0
Roland Wilhelm Kolbeck Chief Scientific Officer Aug. 1, 2026 M 23,990 0 0 $0
Jesse Wayne Hall Chief Medical Officer May 1, 2026 M 27,045 0 0 $0
James Loerop Chief Business Officer Feb. 2, 2026 A 192,260 0 0 $0
Joseph Monahan Chief Scientific Officer March 1, 2025 M 265,662 0 0 $0
Gail Cawkwell Chief Medical Officer July 1, 2023 M 9,593 0 0 $0
Kamil Ali-Jackson Chief Legal Officer Jan. 3, 2022 M 160,214 0 0 $0
David N. Gordon Chief Medical Officer July 13, 2021 S 147,447 0 0 $0
Stuart Shanler Chief Scientific Officer March 1, 2019 A 272,047 0 0 $0
Brett Fair Chief Commercial Officer Feb. 1, 2019 M 10,582 0 0 $0
Christopher Powala Chief Reg & Develop Officer Feb. 1, 2019 M 141,729 0 0 $0
William D. Humphries Director June 5, 2026 M 45,105 0 0 $0
Christopher P. Molineaux Director June 5, 2026 M 69,536 0 0 $0
Anand Mehra Director June 5, 2026 M 726,403 0 0 $0
Maxine Gowen Director June 5, 2026 M 33,334 0 0 $0
Vincent Milano Director June 5, 2026 M 28,896 0 0 $0
Andrew N Schiff Director June 5, 2026 M 25,540 0 0 $0
Bryan M. Reasons Director June 1, 2024 M 28,732 0 0 $0
Andrew Kenneth William Powell Director June 1, 2024 M 33,523 0 0 $0
Stephen A. Tullman Director Oct. 4, 2018 P 177,457 0 0 $0
Rick Bierly Director June 15, 2017 A · 0 0 $0
Albert Cha Director June 29, 2016 A 4,191,397 0 0 $0
Leonard Braden Michael · April 23, 2026 S 13,950,000 0 1 $-1,359,000
FMR LLC · Aug. 21, 2017 · 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 25 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
PILL · Direxion Shares ETF Trust 0.65% 26,010 NS July 31, 2026 N-PORT
QQQS · Invesco Exchange-Traded Fund Trust … 0.45% 19,831 SH Oct. 1, 2026 Daily
IWC · iShares Trust 0.15% 402,862 SH Sept. 11, 2026 Daily
VFMO · VANGUARD WELLINGTON FUND 0.09% 325,402 SH Aug. 19, 2026 Daily
IBBQ · Invesco Exchange-Traded Fund Trust … 0.05% 10,412 SH Oct. 1, 2026 Daily
IBB · iShares Trust 0.05% 847,703 SH Sept. 11, 2026 Daily
IWO · iShares Trust 0.04% 960,785 SH Sept. 11, 2026 Daily
VTWG · VANGUARD SCOTTSDALE FUNDS 0.03% 109,271 SH Aug. 19, 2026 Daily
PRFZ · Invesco Exchange-Traded Fund Trust 0.03% 140,860 SH Sept. 30, 2026 Daily
IWM · iShares Trust 0.02% 3,078,262 SH Sept. 11, 2026 Daily
VTWO · VANGUARD SCOTTSDALE FUNDS 0.02% 682,643 SH Aug. 19, 2026 Daily
RSSL · Global X Funds 0.02% 56,601 NS July 31, 2026 N-PORT
OMFS · Invesco Exchange-Traded Self-Indexe… 0.02% 8,179 SH Oct. 1, 2026 Daily
VXF · VANGUARD INDEX FUNDS 0.01% 1,449,139 SH Aug. 19, 2026 Daily
VTWV · VANGUARD SCOTTSDALE FUNDS 0.01% 14,250 SH Aug. 19, 2026 Daily
VHT · VANGUARD WORLD FUND 0.01% 324,191 SH Aug. 19, 2026 Daily
DFAS · Dimensional ETF Trust 0.00% 95,349 NS July 31, 2026 N-PORT
ITOT · iShares Trust 0.00% 275,693 SH Sept. 11, 2026 Daily
IWV · iShares Trust 0.00% 39,838 SH Sept. 10, 2026 Daily
DFAU · Dimensional ETF Trust 0.00% 26,214 NS July 31, 2026 N-PORT
DXUV · Dimensional ETF Trust 0.00% 404 NS July 31, 2026 N-PORT
DFAC · Dimensional ETF Trust 0.00% 21,533 NS July 31, 2026 N-PORT
VTI · VANGUARD INDEX FUNDS 0.00% 4,243,349 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.00% 9,978 SH Aug. 19, 2026 Daily
IWN · iShares Trust · 166,559 SH Sept. 11, 2026 Daily

ACRS Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 18 analysts BUY
Median target $10.00 +127.8%
8 44.4% Strong Buy
8 44.4% Buy
2 11.1% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

11 analysts · 2026-09-20

Mean target $10.18 +131.9%

Now Current price $4.39
Low$4.00 Mean$10.18 High$16.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
ACRS $363M -5.7 -58.2% -829.6% -55.3% ·
SGP · · · · 50.0% ·
LXRX $421M -8.2 60.2% -101.1% -39.7% ·
COLL $1.47B 26.8 23.6% 8.1% 23.5% 59.4%
CRMD $922M 5.7 617.0% 52.3% 52.1% 88.5%
ZVRA $509M 6.6 350.9% 78.2% 61.2% ·
PHAT $1.18B -5.5 216.9% -126.4% 52.4% 87.1%
AQST $788M -8.3 -22.6% -188.1% 157.7% ·
EOLS $432M -8.3 11.6% -17.4% 247.3% 66.3%
CTNM · -5.3 · · -27.7% ·

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 10-Q filed Aug 6, 2026