I've completed the price-volume-mix analysis. Here's the summary:

**Key findings:**

- **Flat revenue**: FY2024 $11.2M → FY2025 $11.2M, a decline of ($5K) or (0.04%)

- **Price was the biggest positive**: Price gains of $256K nearly offset volume declines

- **Volume was the main headwind**: ($395K) in volume losses across all product families

- **Mix shift was modest but positive overall**: $135K net benefit, though it masks a dramatic Enterprise decline

**Segment story:**
- **Enterprise collapsed** by ($749K), driven by a severe ($627K) mix shift as Paper Enterprise concentrated with fewer customers
- **Mid-Market and SMB expanded** significantly with strong mix shifts ($362K and $399K respectively), indicating successful customer expansion in smaller segments

**By product:**
- **Print Consumables led growth** at $83K, with strong pricing ($125K) and mix ($86K) gains despite ($128K) volume loss
- **Paper declined** ($20K) as volume ($101K) and mix ($85K) losses outweighed strong pricing gains ($167K)
- **Writing Instruments and Desk Accessories both fell**, with all three factors (price, volume, mix) moving negative

The analysis is saved to `output/pvm-note.md` with detailed tables and narrative commentary.