{"success":true,"data":{"pressRelease":{"id":"35640","rtpr_id":"nGNX1NDQMH","ticker":"MTEX","exchange":"NASDAQ","all_tickers":["MTEX"],"title":"Mannatech Reports Financial Results for First Quarter 2026","author":"Globe Newswire","published_at":"2026-05-14T20:05:07.138Z","article_body":"FLOWER MOUND, Texas, May 14, 2026 (GLOBE NEWSWIRE) --  Mannatech,\nIncorporated (NASDAQ: MTEX), (\"Mannatech\" or \"Company\"), global health and\nwellness company committed to transforming lives to make a better world, today\nannounced financial results for its first quarter of 2026.\n\nFirst Quarter Results\n\n • Net sales for the three months ended March 31, 2026 were $24.9 million, a decrease of $1.6 million, as compared to the same period in 2025. On a Constant dollar basis (see Non-GAAP Measures, below) our net sales decreased $2.2 million, or 8.1%, and foreign exchange caused a $0.5 million increase in GAAP net sales as compared to the same period in 2025. \n \n • Gross profit as a percentage of net sales increased to 75.7% for the three months ended March 31, 2026, as compared to 74.3% for the same period in 2025. \n \n • For the three months ended March 31, 2026, selling and administrative expenses decreased by $0.7 million, or 7.3%, to $9.3 million, as compared to the same period in 2025. Selling and administrative expenses, as a percentage of net sales, for the three months ended March 31, 2026 decreased to 37.3% from 37.7% for the same period in 2025. \n \n • Loss from operations was $0.2 million for the three months ended March 31, 2026 as compared to $0.8 million in the same period in 2025. \n \n • Income tax expense was $0.2 million for the three months ended March 31, 2026 and 2025. \n \n • Net income was $1.0 million for the three months ended March 31, 2026, or $0.49 per diluted share, as compared to net loss of $1.5 million, or $0.80 per diluted share for the three months ended March 31, 2025. \n \n • As of March 31, 2026, the Company's cash and cash equivalents increased 13.4%, or $0.8 million, to $7.0 million from $6.2 million as of December 31, 2025. \n \n • The approximate number of new and continuing independent associate and preferred customer positions held by individuals in Mannatech’s network and associated with purchases of its products as of March 31, 2026 was approximately 111,000, as compared to 129,000 in the same period in 2025. Recruiting new associates and preferred customers decreased 15.6% in the first quarter of 2026 as compared to the first quarter of 2025. \n \n\nManagement's Statement\n\nChanges in current trade policies, including with respect to tariffs, could\naffect our cost structure and profitability. While we take steps to mitigate\nor avoid these increased costs and disruptions, our ability to do so may be\nlimited by operational and supply chain constraints and uncertainties,\nespecially in the short term.\n\nNon-GAAP Financial Measures\n\nIn addition to results presented in accordance with GAAP, this press release\nand related tables include certain non-GAAP financial measures, including a\npresentation of Constant dollar measures. The company discloses operating\nresults that have been adjusted to exclude the impact of changes due to the\ntranslation of foreign currencies into U.S. dollars, including changes in: Net\nSales, Gross Profit, and Loss from Operations.\n\nThe Company believes that these non-GAAP financial measures provide useful\ninformation to investors because they are an indicator of the strength and\nperformance of ongoing business operations. The constant currency figures are\nfinancial measures used by management to provide investors with an additional\nperspective on trends. Although management believes the non-GAAP financial\nmeasures enhance investors’ understanding of their business and performance,\nthese non-GAAP financial measures should not be considered an exclusive\nalternative to accompanying GAAP financial measures. Please see the\naccompanying table entitled \"Non-GAAP Financial Measures\" for a reconciliation\nof these non-GAAP financial measures.\n\nSafe Harbor statement\n\nThis release contains “forward-looking statements” within the meaning of\nSection 27A of the Securities Act of 1933, as amended, Section 21E of the\nSecurities Exchange Act of 1934, as amended, and the Private Securities\nLitigation Reform Act of 1995. These forward-looking statements generally can\nbe identified by use of phrases or terminology such as “may,” “will,”\n“should,” \"hope,\" “could,” “would,” “expects,” “plans,”\n“intends,” “anticipates,” “believes,” “estimates,”\n“approximates,” “predicts,” “projects,” “potential,” and\n“continues” or other similar words or the negative of such terminology.\nSimilarly, descriptions of Mannatech’s objectives, strategies, plans, goals\nor targets contained herein are also considered forward-looking statements.\nMannatech believes this release should be read in conjunction with all of its\nfilings with the United States Securities and Exchange Commission and cautions\nits readers that these forward-looking statements are subject to certain\nevents, risks, uncertainties, and other factors. Some of these factors\ninclude, among others, Mannatech’s inability to attract and retain\nassociates and members, increases in competition, litigation, regulatory\nchanges, and its planned growth into new international markets. Although\nMannatech believes that the expectations, statements, and assumptions\nreflected in these forward-looking statements are reasonable, it cautions\nreaders to always consider all of the risk factors and any other cautionary\nstatements carefully in evaluating each forward-looking statement in this\nrelease, as well as those set forth in its latest Annual Report on Form 10-K,\nand other filings filed with the United States Securities and Exchange\nCommission, including its current reports on Form 8-K. All of the\nforward-looking statements contained herein speak only as of the date of this\nrelease.\n\n^ Mannatech operates in China under a cross-border e-commerce platform that is\nseparate from its network marketing model.\n\nIndividuals interested in Mannatech's products or in exploring its business\nopportunity can learn more at Mannatech.com.\n\nContact Information:\n\nErin K. Barta\nGeneral Counsel and Corporate Secretary\n214-724-3378\nir@mannatech.com\nwww.mannatech.com\n\n \n MANNATECH, INCORPORATED AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS - (UNAUDITED) (in thousands, except share and per share information) \n \n March 31, December 31, \n 2026 2025 \n ASSETS \n Cash and cash equivalents $ 7,013 $ 6,185 \n Restricted cash 134 550 \n Accounts receivable, net of allowance of $627 and $756 10 1 \n Income tax receivable 375 736 \n Inventories, net 9,674 10,123 \n Prepaid expenses and other current assets 2,481 1,701 \n Deferred commissions 1,513 1,280 \n Total current assets 21,200 20,576 \n Property and equipment, net 2,999 3,140 \n Operating lease right-of-use assets 2,836 3,292 \n Other assets 2,622 2,751 \n Long-term restricted cash 226 234 \n Total assets $ 29,883 $ 29,993 \n LIABILITIES AND SHAREHOLDERS’ EQUITY \n Commissions and incentives payable $ 7,111 $ 7,118 \n Accrued expenses 3,263 3,128 \n Deferred revenue 3,270 3,086 \n Accounts payable 2,877 2,410 \n Current portion of operating lease liabilities 1,596 1,671 \n Taxes payable 677 1,029 \n Current notes payable 377 — \n Current portion of finance lease liabilities 297 293 \n Total current liabilities 19,468 18,735 \n Long-term notes payable 2,750 2,750 \n Operating lease liabilities, excluding current portion 1,850 2,253 \n Other long-term liabilities 1,307 1,340 \n Finance lease liabilities, excluding current portion 312 388 \n Deferred tax liabilities, net 9,750 9,750 \n Total liabilities 35,437 35,216 \n \n Commitments and contingencies (Note 8) \n \n Shareholders’ equity: \n Preferred stock, $0.01 par value, 1,000,000 shares authorized, no shares issued or outstanding — — \n Common stock, $0.0001 par value, 99,000,000 shares authorized, 2,742,857 shares issued and 1,929,670 shares outstanding as of March 31, 2026 and 2,742,857 shares issued and 1,900,930 shares outstanding as of December 31, 2025 — — \n Additional paid-in capital 32,638 33,032 \n Accumulated deficit (13,074 ) (14,024 ) \n Accumulated other comprehensive loss (6,224 ) (4,669 ) \n Treasury stock, at average cost, 813,187 shares as of March 31, 2026 and 841,927 shares as of December 31, 2025 (18,894 ) (19,562 ) \n Total shareholders’ equity (5,554 ) (5,223 ) \n Total liabilities and shareholders’ equity $ 29,883 $ 29,993 \n\n\n\n \n MANNATECH, INCORPORATED AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - ( UNAUDITED ) (in thousands, except per share information) \n \n Three Months Ended \n March 31, \n 2026 2025 \n Net sales $ 24,917 $ 26,563 \n Cost of sales 6,056 6,827 \n Gross profit 18,861 19,736 \n Operating expenses: \n Commissions and incentives 9,759 10,553 \n Selling and administrative expenses 9,282 10,016 \n Total operating expenses 19,041 20,569 \n Loss from operations (180 ) (833 ) \n Interest expense, net (104 ) (73 ) \n Other income (expense), net 1,395 (418 ) \n Income (loss) before income taxes 1,111 (1,324 ) \n Income tax expense (161 ) (206 ) \n Net income (loss) $ 950 $ (1,530 ) \n Income (loss) per common share: \n Basic $ 0.49 $ (0.80 ) \n Diluted $ 0.49 $ (0.80 ) \n Weighted-average common shares outstanding: \n Basic 1,929 1,901 \n Diluted 1,931 1,901 \n\nNet sales by region for the three months ended March 31, 2026 and 2025 were\nas follows (in millions, except percentages):\n\n \n Three Months Ended \n March 31, \n Region 2026 2025 \n Americas $ 6.7 26.9 % $ 9.0 33.8 % \n Asia/Pacific 15.9 63.9 % 15.4 57.9 % \n EMEA 2.3 9.2 % 2.2 8.3 % \n Total net sales $ 24.9 100.0 % $ 26.6 100.0 % \n \n\nNon-GAAP Financial Measures (Sales, Gross Profit and Loss from Operations in\nConstant Dollars)\n\nTo supplement its financial results presented in accordance with generally\naccepted accounting principles in the United States (“GAAP”), Mannatech\ndiscloses operating results that have been adjusted to exclude the impact of\nchanges due to the translation of foreign currencies into U.S. dollars,\nincluding changes in: Net Sales, Gross Profit, and Loss from Operations. It\nrefers to these adjusted financial measures as Constant dollar items, which\nare non-GAAP financial measures. The company believes these measures provide\ninvestors with an additional perspective on trends. To exclude the impact of\nchanges due to the translation of foreign currencies into U.S. dollars, it\ncalculates current year results and prior year results at a constant exchange\nrate, which is the prior year’s rate. Currency impact is determined as the\ndifference between the actual GAAP results and the recalculated results for\nthe current year at the Constant dollar rates.\n\nThe tables below reconcile first quarter 2026 Constant dollar net sales,\ngross profit and loss from operations to GAAP net sales, gross profit and loss\nfrom operations. (in millions, except percentages):\n\n Three-month period ended March 31, 2026 March 31, 2025 Constant $ Change \n GAAP Non-GAAP GAAP \n Measure: Translation Measure: Measure: \n Total $ Adjustment Constant $ Total $ Dollar Percent \n Net sales $ 24.9 $ (0.5 ) $ 24.4 $ 26.6 $ (2.2 ) (8.1 )% \n Gross profit $ 18.9 $ (0.4 ) $ 18.5 $ 19.7 $ (1.2 ) (6.2 )% \n Loss from operations $ (0.2 ) $ (0.1 ) $ (0.3 ) $ (0.8 ) $ 0.5 133.3 % \n\n                                                   \n                             \n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/13a53747-0b52-4a9f-a710-10f4bdd319ab)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX1NDQMH","title":"Mannatech Reports Financial Results for First Quarter 2026","author":"Globe Newswire","ticker":"MTEX","created":"2026-05-14T20:05:07.138Z","tickers":["MTEX"],"exchange":"NASDAQ","article_body":"FLOWER MOUND, Texas, May 14, 2026 (GLOBE NEWSWIRE) --  Mannatech,\nIncorporated (NASDAQ: MTEX), (\"Mannatech\" or \"Company\"), global health and\nwellness company committed to transforming lives to make a better world, today\nannounced financial results for its first quarter of 2026.\n\nFirst Quarter Results\n\n • Net sales for the three months ended March 31, 2026 were $24.9 million, a decrease of $1.6 million, as compared to the same period in 2025. On a Constant dollar basis (see Non-GAAP Measures, below) our net sales decreased $2.2 million, or 8.1%, and foreign exchange caused a $0.5 million increase in GAAP net sales as compared to the same period in 2025. \n \n • Gross profit as a percentage of net sales increased to 75.7% for the three months ended March 31, 2026, as compared to 74.3% for the same period in 2025. \n \n • For the three months ended March 31, 2026, selling and administrative expenses decreased by $0.7 million, or 7.3%, to $9.3 million, as compared to the same period in 2025. Selling and administrative expenses, as a percentage of net sales, for the three months ended March 31, 2026 decreased to 37.3% from 37.7% for the same period in 2025. \n \n • Loss from operations was $0.2 million for the three months ended March 31, 2026 as compared to $0.8 million in the same period in 2025. \n \n • Income tax expense was $0.2 million for the three months ended March 31, 2026 and 2025. \n \n • Net income was $1.0 million for the three months ended March 31, 2026, or $0.49 per diluted share, as compared to net loss of $1.5 million, or $0.80 per diluted share for the three months ended March 31, 2025. \n \n • As of March 31, 2026, the Company's cash and cash equivalents increased 13.4%, or $0.8 million, to $7.0 million from $6.2 million as of December 31, 2025. \n \n • The approximate number of new and continuing independent associate and preferred customer positions held by individuals in Mannatech’s network and associated with purchases of its products as of March 31, 2026 was approximately 111,000, as compared to 129,000 in the same period in 2025. Recruiting new associates and preferred customers decreased 15.6% in the first quarter of 2026 as compared to the first quarter of 2025. \n \n\nManagement's Statement\n\nChanges in current trade policies, including with respect to tariffs, could\naffect our cost structure and profitability. While we take steps to mitigate\nor avoid these increased costs and disruptions, our ability to do so may be\nlimited by operational and supply chain constraints and uncertainties,\nespecially in the short term.\n\nNon-GAAP Financial Measures\n\nIn addition to results presented in accordance with GAAP, this press release\nand related tables include certain non-GAAP financial measures, including a\npresentation of Constant dollar measures. The company discloses operating\nresults that have been adjusted to exclude the impact of changes due to the\ntranslation of foreign currencies into U.S. dollars, including changes in: Net\nSales, Gross Profit, and Loss from Operations.\n\nThe Company believes that these non-GAAP financial measures provide useful\ninformation to investors because they are an indicator of the strength and\nperformance of ongoing business operations. The constant currency figures are\nfinancial measures used by management to provide investors with an additional\nperspective on trends. Although management believes the non-GAAP financial\nmeasures enhance investors’ understanding of their business and performance,\nthese non-GAAP financial measures should not be considered an exclusive\nalternative to accompanying GAAP financial measures. Please see the\naccompanying table entitled \"Non-GAAP Financial Measures\" for a reconciliation\nof these non-GAAP financial measures.\n\nSafe Harbor statement\n\nThis release contains “forward-looking statements” within the meaning of\nSection 27A of the Securities Act of 1933, as amended, Section 21E of the\nSecurities Exchange Act of 1934, as amended, and the Private Securities\nLitigation Reform Act of 1995. These forward-looking statements generally can\nbe identified by use of phrases or terminology such as “may,” “will,”\n“should,” \"hope,\" “could,” “would,” “expects,” “plans,”\n“intends,” “anticipates,” “believes,” “estimates,”\n“approximates,” “predicts,” “projects,” “potential,” and\n“continues” or other similar words or the negative of such terminology.\nSimilarly, descriptions of Mannatech’s objectives, strategies, plans, goals\nor targets contained herein are also considered forward-looking statements.\nMannatech believes this release should be read in conjunction with all of its\nfilings with the United States Securities and Exchange Commission and cautions\nits readers that these forward-looking statements are subject to certain\nevents, risks, uncertainties, and other factors. Some of these factors\ninclude, among others, Mannatech’s inability to attract and retain\nassociates and members, increases in competition, litigation, regulatory\nchanges, and its planned growth into new international markets. Although\nMannatech believes that the expectations, statements, and assumptions\nreflected in these forward-looking statements are reasonable, it cautions\nreaders to always consider all of the risk factors and any other cautionary\nstatements carefully in evaluating each forward-looking statement in this\nrelease, as well as those set forth in its latest Annual Report on Form 10-K,\nand other filings filed with the United States Securities and Exchange\nCommission, including its current reports on Form 8-K. All of the\nforward-looking statements contained herein speak only as of the date of this\nrelease.\n\n^ Mannatech operates in China under a cross-border e-commerce platform that is\nseparate from its network marketing model.\n\nIndividuals interested in Mannatech's products or in exploring its business\nopportunity can learn more at Mannatech.com.\n\nContact Information:\n\nErin K. Barta\nGeneral Counsel and Corporate Secretary\n214-724-3378\nir@mannatech.com\nwww.mannatech.com\n\n \n MANNATECH, INCORPORATED AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS - (UNAUDITED) (in thousands, except share and per share information) \n \n March 31, December 31, \n 2026 2025 \n ASSETS \n Cash and cash equivalents $ 7,013 $ 6,185 \n Restricted cash 134 550 \n Accounts receivable, net of allowance of $627 and $756 10 1 \n Income tax receivable 375 736 \n Inventories, net 9,674 10,123 \n Prepaid expenses and other current assets 2,481 1,701 \n Deferred commissions 1,513 1,280 \n Total current assets 21,200 20,576 \n Property and equipment, net 2,999 3,140 \n Operating lease right-of-use assets 2,836 3,292 \n Other assets 2,622 2,751 \n Long-term restricted cash 226 234 \n Total assets $ 29,883 $ 29,993 \n LIABILITIES AND SHAREHOLDERS’ EQUITY \n Commissions and incentives payable $ 7,111 $ 7,118 \n Accrued expenses 3,263 3,128 \n Deferred revenue 3,270 3,086 \n Accounts payable 2,877 2,410 \n Current portion of operating lease liabilities 1,596 1,671 \n Taxes payable 677 1,029 \n Current notes payable 377 — \n Current portion of finance lease liabilities 297 293 \n Total current liabilities 19,468 18,735 \n Long-term notes payable 2,750 2,750 \n Operating lease liabilities, excluding current portion 1,850 2,253 \n Other long-term liabilities 1,307 1,340 \n Finance lease liabilities, excluding current portion 312 388 \n Deferred tax liabilities, net 9,750 9,750 \n Total liabilities 35,437 35,216 \n \n Commitments and contingencies (Note 8) \n \n Shareholders’ equity: \n Preferred stock, $0.01 par value, 1,000,000 shares authorized, no shares issued or outstanding — — \n Common stock, $0.0001 par value, 99,000,000 shares authorized, 2,742,857 shares issued and 1,929,670 shares outstanding as of March 31, 2026 and 2,742,857 shares issued and 1,900,930 shares outstanding as of December 31, 2025 — — \n Additional paid-in capital 32,638 33,032 \n Accumulated deficit (13,074 ) (14,024 ) \n Accumulated other comprehensive loss (6,224 ) (4,669 ) \n Treasury stock, at average cost, 813,187 shares as of March 31, 2026 and 841,927 shares as of December 31, 2025 (18,894 ) (19,562 ) \n Total shareholders’ equity (5,554 ) (5,223 ) \n Total liabilities and shareholders’ equity $ 29,883 $ 29,993 \n\n\n\n \n MANNATECH, INCORPORATED AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - ( UNAUDITED ) (in thousands, except per share information) \n \n Three Months Ended \n March 31, \n 2026 2025 \n Net sales $ 24,917 $ 26,563 \n Cost of sales 6,056 6,827 \n Gross profit 18,861 19,736 \n Operating expenses: \n Commissions and incentives 9,759 10,553 \n Selling and administrative expenses 9,282 10,016 \n Total operating expenses 19,041 20,569 \n Loss from operations (180 ) (833 ) \n Interest expense, net (104 ) (73 ) \n Other income (expense), net 1,395 (418 ) \n Income (loss) before income taxes 1,111 (1,324 ) \n Income tax expense (161 ) (206 ) \n Net income (loss) $ 950 $ (1,530 ) \n Income (loss) per common share: \n Basic $ 0.49 $ (0.80 ) \n Diluted $ 0.49 $ (0.80 ) \n Weighted-average common shares outstanding: \n Basic 1,929 1,901 \n Diluted 1,931 1,901 \n\nNet sales by region for the three months ended March 31, 2026 and 2025 were\nas follows (in millions, except percentages):\n\n \n Three Months Ended \n March 31, \n Region 2026 2025 \n Americas $ 6.7 26.9 % $ 9.0 33.8 % \n Asia/Pacific 15.9 63.9 % 15.4 57.9 % \n EMEA 2.3 9.2 % 2.2 8.3 % \n Total net sales $ 24.9 100.0 % $ 26.6 100.0 % \n \n\nNon-GAAP Financial Measures (Sales, Gross Profit and Loss from Operations in\nConstant Dollars)\n\nTo supplement its financial results presented in accordance with generally\naccepted accounting principles in the United States (“GAAP”), Mannatech\ndiscloses operating results that have been adjusted to exclude the impact of\nchanges due to the translation of foreign currencies into U.S. dollars,\nincluding changes in: Net Sales, Gross Profit, and Loss from Operations. It\nrefers to these adjusted financial measures as Constant dollar items, which\nare non-GAAP financial measures. The company believes these measures provide\ninvestors with an additional perspective on trends. To exclude the impact of\nchanges due to the translation of foreign currencies into U.S. dollars, it\ncalculates current year results and prior year results at a constant exchange\nrate, which is the prior year’s rate. Currency impact is determined as the\ndifference between the actual GAAP results and the recalculated results for\nthe current year at the Constant dollar rates.\n\nThe tables below reconcile first quarter 2026 Constant dollar net sales,\ngross profit and loss from operations to GAAP net sales, gross profit and loss\nfrom operations. (in millions, except percentages):\n\n Three-month period ended March 31, 2026 March 31, 2025 Constant $ Change \n GAAP Non-GAAP GAAP \n Measure: Translation Measure: Measure: \n Total $ Adjustment Constant $ Total $ Dollar Percent \n Net sales $ 24.9 $ (0.5 ) $ 24.4 $ 26.6 $ (2.2 ) (8.1 )% \n Gross profit $ 18.9 $ (0.4 ) $ 18.5 $ 19.7 $ (1.2 ) (6.2 )% \n Loss from operations $ (0.2 ) $ (0.1 ) $ (0.3 ) $ (0.8 ) $ 0.5 133.3 % \n\n                                                   \n                             \n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/13a53747-0b52-4a9f-a710-10f4bdd319ab)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-05-14T20:05:07.205771421Z","server_sent_at_ms":1778789107205},"received_at":"2026-05-14T20:05:07.269Z","source_url":"https://www.globenewswire.com/news-release/2026/05/14/3295345/0/en/Mannatech-Reports-Financial-Results-for-First-Quarter-2026.html"},"analysis":{"id":"25086","press_release_id":"35640","analysis_json":{"industry":{"label":"Food, Beverage & Tobacco","sector":"Consumer Staples"},"redFlags":["Negative shareholders' equity ($5.6M deficit)","Cash position ($7.0M) significantly below total liabilities ($35.4M)","Associate network shrinking 14% YoY (111k vs 129k)","Revenue decline of 8.1% on constant-currency basis"],"eventType":"earnings","narrative":"Mannatech reported Q1 2026 net sales of $24.9 million, a 6.2% decline from $26.6 million in the prior year, driven by an 8.1% drop on a constant-currency basis.\n\nThe company returned to profitability with $1.0 million in net income ($0.49 diluted EPS), reversing a $1.5 million net loss ($0.80 loss per share) in Q1 2025, aided by a $1.4 million gain in other income and lower operating expenses.\n\nHowever, the underlying business shows weakness: the independent associate and customer network fell to 111,000 from 129,000 year-over-year, and the company holds only $7.0 million in cash against $35.4 million in total liabilities, resulting in negative shareholders' equity of $5.6 million.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"MTEX returns to profit but revenue and network shrink; balance sheet remains fragile with negative equity."},"keyFigures":{"eps":0.49,"revenue":24917000,"revenueYoy":"-6.2%","customDimensions":{"net_income":950000,"gross_margin":"75.7%","gross_profit":18861000,"total_assets":29883000,"associate_count":111000,"total_liabilities":35437000,"cash_and_equivalents":7013000,"associate_count_yoy_change":"-13.9%"}},"quotedText":"Changes in current trade policies, including with respect to tariffs, could affect our cost structure and profitability.","namedEntities":{"people":[{"name":"Erin K. Barta","role":"General Counsel and Corporate Secretary"}],"products":[],"companies":[{"name":"Mannatech, Incorporated","ticker":"MTEX"}],"dollarAmounts":[{"amount":"$24.9 million","context":"Q1 2026 net sales"},{"amount":"$1.6 million","context":"decrease in net sales vs Q1 2025"},{"amount":"$2.2 million","context":"constant dollar decrease in net sales"},{"amount":"$0.5 million","context":"foreign exchange impact on net sales"},{"amount":"$9.3 million","context":"selling and administrative expenses"},{"amount":"$0.2 million","context":"loss from operations"},{"amount":"$1.0 million","context":"net income"},{"amount":"$0.49","context":"diluted EPS"},{"amount":"$1.5 million","context":"net loss Q1 2025"},{"amount":"$0.80","context":"diluted EPS Q1 2025 (loss)"},{"amount":"$7.0 million","context":"cash and cash equivalents"},{"amount":"$6.2 million","context":"cash and cash equivalents Q4 2025"},{"amount":"$26.6 million","context":"Q1 2025 net sales"}]},"materialImpact":{"score":3,"reasoning":"Revenue declined 6% GAAP (8.1% constant currency) and the associate network shrank by ~14% YoY. While the company returned to profitability (turning a $1.5M loss into $1.0M income) and narrowed the operating loss, the top-line contraction and shrinking distribution base signal structural weakness for this small-cap MLM."},"tickerRelevance":{"others":[],"primary":"MTEX"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"routine-earnings-miss","sectorWeight":"low","householdBrandBoost":0,"marketCapAdjustment":"small-cap-discount","retailFavoriteBoost":0}},"event_type":"earnings","event_type_secondary":null,"sentiment":"bearish","material_impact_score":3,"narrative":"Mannatech reported Q1 2026 net sales of $24.9 million, a 6.2% decline from $26.6 million in the prior year, driven by an 8.1% drop on a constant-currency basis.\n\nThe company returned to profitability with $1.0 million in net income ($0.49 diluted EPS), reversing a $1.5 million net loss ($0.80 loss per share) in Q1 2025, aided by a $1.4 million gain in other income and lower operating expenses.\n\nHowever, the underlying business shows weakness: the independent associate and customer network fell to 111,000 from 129,000 year-over-year, and the company holds only $7.0 million in cash against $35.4 million in total liabilities, resulting in negative shareholders' equity of $5.6 million.","key_figures":{"eps":0.49,"revenue":24917000,"revenueYoy":"-6.2%","customDimensions":{"net_income":950000,"gross_margin":"75.7%","gross_profit":18861000,"total_assets":29883000,"associate_count":111000,"total_liabilities":35437000,"cash_and_equivalents":7013000,"associate_count_yoy_change":"-13.9%"}},"named_entities":{"people":[{"name":"Erin K. Barta","role":"General Counsel and Corporate Secretary"}],"products":[],"companies":[{"name":"Mannatech, Incorporated","ticker":"MTEX"}],"dollarAmounts":[{"amount":"$24.9 million","context":"Q1 2026 net sales"},{"amount":"$1.6 million","context":"decrease in net sales vs Q1 2025"},{"amount":"$2.2 million","context":"constant dollar decrease in net sales"},{"amount":"$0.5 million","context":"foreign exchange impact on net sales"},{"amount":"$9.3 million","context":"selling and administrative expenses"},{"amount":"$0.2 million","context":"loss from operations"},{"amount":"$1.0 million","context":"net income"},{"amount":"$0.49","context":"diluted EPS"},{"amount":"$1.5 million","context":"net loss Q1 2025"},{"amount":"$0.80","context":"diluted EPS Q1 2025 (loss)"},{"amount":"$7.0 million","context":"cash and cash equivalents"},{"amount":"$6.2 million","context":"cash and cash equivalents Q4 2025"},{"amount":"$26.6 million","context":"Q1 2025 net sales"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-05-14T20:25:56.612Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"micro-cap","eventGravity":"routine-earnings-miss","sectorWeight":"low","householdBrandBoost":0,"marketCapAdjustment":"small-cap-discount","retailFavoriteBoost":0}},"durationMs":73456,"modelName":"george-droid-qwen-72b"}}