Falkirk insist they are enjoying their "best season in decades" despite the "hurt and disappointment" of Saturday's Scottish Cup semi-final defeat.
The Bairns were denied a place in next month's final by bitter rivals Dunfermline Athletic, who progressed on penalties after a goalless draw at Hampden.
John McGlynn's side have been one of the stories of a remarkable Scottish Premiership campaign, securing a top-six finish on their return to the top flight.
That follows back-to-back promotions from the third tier, but the Falkirk board still acknowledge the "bitter disappointment" of Saturday's result.
In a statement, the Premiership club said: "Everyone at the club wants to acknowledge the hurt and disappointment we all feel after the semi-final.
"The fans put so much into the occasion. Financially and emotionally, the tifo and subsequent tidy-up, and impeccable behaviour at the stadium.
"We weren't at our best and the result is a bitter disappointment. We have to own that as a whole club. We stand together and fall together, from the boardroom to the dressing room.
"Fair play to Dunfermline who fought for everything. The rivalry and occasion makes a defeat like that tougher to take, but we have to process it, learn, and emerge stronger.
"We've learned the hard way that success isn't a straight line but a series of peaks and troughs, so we will remember this feeling and use it to spur us on.
"The focus now is doing our utmost in the final five league games to finish as high as we can and have a say in the title.
"It might not feel like it after Saturday, but this will still be Falkirk's best season in decades, one upon which we intend to build."
