Tecogen Inc.

Hello, and welcome to the TECOGEN year-end 2022 conference call. If anyone should require operator assistance, please press star zero on your telephone keypad. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. It's now my pleasure to turn the call over to Jack Whiting, General Counsel and Secretary. Please go ahead, sir.

Good morning. This is Jack Whiting, General Counsel and Secretary of TECOGEN. Please note this call is being recorded and will be archived on the investor section of our website at tcogen.com for two weeks. The press release regarding our fourth quarter and year-end 2022 earnings and the presentation provided this morning are available in the investor section of our website. I'd like to direct your attention to our safe harbor statement included in the earnings press release and presentation. Various remarks that we make about the company's future expectations, plans, and prospects constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in the company's most recent annual report on Form 10-K and quarterly reports on Form 10-Q under the caption Risk Factors, which are on file with the Securities and Exchange Commission and available in the Investors section of our website under the heading SEC Filings. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so. Therefore, we should not rely on any forward-looking statements as representing our views as of any date subsequent to today. During this call, we will refer to certain financial measures not prepared in accordance with generally accepted accounting principles or GAAP. A reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures is provided in the press release regarding our fourth quarter 2022 and our year-end earnings, and in the investor section of our website. I'll now turn the call over to Abhinav Rangesh.

Good morning, everyone. This is Abhinav Rangesh, the CEO of TicoGen. I also have with me Bob Panora, our Chief Operating Officer and President of the company, and Roger Deschenes, who's our Chief Accounting Officer. Before we begin, I'd like to first thank Ben Locke for his valuable contributions to TicoGen. I have now been CEO for just over one and a half months. The management team and I have spent this time talking to customers and partners and analyzed the business in detail. After we report results, I will be covering my vision for TicoGen, the markets for our products, the product positioning compared to the competition, the go-to-market strategy, and the details of how we plan to turn the business around. I also have some pretty exciting news to cover today. as we just recently signed a material agreement for a significant number of service contracts. So I will talk more about that at a later section of the presentation. Before we go into the numbers, as a quick recap, we have three revenue segments. Our product revenue consists of sales of cogeneration units, microgrid systems, and chillers to a range of markets and customers. Our services revenue primarily consists of our contracted operations and maintenance services, with a small component of installation activity. Our energy production revenue stream is from energy sales, including sales of electricity and thermal energy produced by our equipment onsite at customer facilities. At this point, I would like to introduce Roger Deschenes, our Chief Accounting Officer, to go over the financial results for Q4 and the full year of 2022. Roger has been with TQGEN since 2020 and is an instrumental part of our finance team. Over to you, Roger.