The Arena Group Holdings, Inc.

Good afternoon, ladies and gentlemen, and thank you for joining us today. Welcome to the Arena Group's second quarter 2026 earnings conference call. I would now like to turn the conference over to Morgan Fitzgerald, Investor Relations and Social Media. Ms. Fitzgerald, you may begin the conference.

Thank you. Hosting the call today are Paul Edmondson, Chief Executive Officer, and Geoffrey Wait, Principal Financial Officer. Before we begin, I'd like to note that some of the comments made during this call may include forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Forward-looking statements relate to the future events or future performance and include, without limitation, statements concerning the company's business strategy, future revenues and income from continuing operations, anticipated yield growth and monetization improvements, cost reductions, debt refinancing efforts, market growth, capital requirements, Product Introductions and Technological Capabilities, Expansion Plans, Our Stock Price Relative to Our Peers, and Our Share Repurchase Program, as disclosed in our annual report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 16, 2026, the 2025 Form 10-K, and in our other SEC filings and publicly available documents. The company cautions investors that any forward-looking statements made in this call or that the company may make orally or in writing from time to time are based on the beliefs of assumptions made by and information currently available to the company. Such statements are based on assumptions, and the actual outcome will be affected by known and unknown risks, trends and uncertainties, and factors that are beyond the company's control or ability to predict. Accordingly, investors should use caution in relying on forward-looking statements, which are based only on known results and trends at the time they are made to anticipate future results or trends. Certain risks are discussed in the company's filings with the SEC. The company disclaims any intention or obligation, except as required by law, to update or revise any financial projections or forward-looking statements, whether because of new information, future events, or otherwise. In addition, reference will be made to the non-gap financial measure, adjusted EBITDA. Information regarding reconciliation of this non-gap measure to the closest gap measure can be found in the press release that was issued this afternoon and can also be found on the Investor Relations page of our website at investors.thearenagroup.net. With that, I'll turn the call over to CEO Paul Edmondson. Paul, the call is yours.

Thank you for joining us today to discuss our Q2 2026 results. We have several major announcements this quarter, so I'll get right to them. First, we've refinanced our corporate debt. Geoff will provide more details in a moment. Second, we've closed our acquisition of InfoSentience, a generative AI company. We've officially launched Cutter Studios, which I'll share more about shortly. These moves align with and support our new corporate identity. As announced in our press release this afternoon, we are rebranding to Paradium AI, All In. The second quarter was a period of bold transformation for our company. Amid a rapidly evolving digital media landscape, We channeled our energy into the strategic initiatives we've been discussing over the past several quarters. Initiatives designed to diversify our business, expand our technology capabilities, and open new avenues for growth. We've been witnessing an unprecedented structural shift in digital media, which is reflected in our results from Q2. For years, publishers relied heavily on traditional search traffic. until LOM stepped in almost overnight to capture and consume those audiences directly. We saw the shift as an opening, a chance to rethink our relationship with creators and audiences and to lead with bold, creative strategies. Our new name, Gradient AI, reflects that spirit of innovation and creativity. This is much more than a rebrand. It marks our expansion into an AI technology company designed to power the future of media entrepreneurs, built to empower creators, publishers, and brands to perform at the speed and scale of AI. By replacing legacy structures with a centralized, AI-optimized infrastructure, we're putting the tools, data, and reach they cannot build alone directly into their hands, enabling them to scale their business like never before. As I mentioned earlier, we've closed the acquisition of InfoSentience, an industry leader in automated, data-driven natural language generation that creates AI content at scale for multiple major publishers. InfoSentience specializes in structured, data-driven content generation using a deterministic, template-based engine that provides zero-air reliability. Rather than replacing editorial judgment, The Hallucination Cree platform automates highly repetitive content around structured data, statistics, financial information, sporting events. Bring content creators to spend more time on differentiated journalism and expand coverage into areas that were once out of reach. We've also officially launched Cutter Studios, our proprietary AI-driven video and article production and distribution platform. Cutter Studios turns video-first content into viral assets and accompanying articles at scale. We aim to service content creators with on-brand, AI-generated, derivative content that expands their reach and earning power. With the Pradium AI rebrand underway, the InfoSentience tech stack operating profitably, Cutter Studios Live and our balance sheet strengthened. We are building the next generation of brands, data, and commerce. With that, I'll hand it over to Geoff to share our financial results.