Applied UV, Inc.

Good morning, ladies and gentlemen, and welcome to the Applied UV 3Q 2022 Financial Results Conference Call. At this time, all participants have been placed on a listen-only mode, and we will open the floor for your questions and comments after the presentation. It is now my pleasure to turn the floor over to your host, Brett Moss. Sir, the floor is yours.

Thank you. Once again, welcome to Applied UV's third quarter 2022 earnings call. With me on the call today are John Andrews, Chief Executive Officer, Mike Riccio, Chief Financial Officer, and Max Munn, Founder and President of AppliedUV, CEO of MunnWorks. As a reminder, all materials for today's live presentation are available on the company's investor relations website at AppliedUV.com. Before we begin, please take a moment to read the forward-looking statements in our earnings press release. During today's call, we will make certain predictive statements that reflect our current views about future performance and financial results. We base these statements with certain assumptions and expectations on future events that are subject to risks and uncertainties. Our most recent Form 10-K lists some of the most important risk factors that could cause actual results to differ from our prediction. With that, I'll turn the call over to John Andrews.

Thank you, Brett, and good morning, everyone. It's a pleasure to be with you today to review the results of our third quarter and provide an update on our business. Our financial results for the third quarter include revenue of $5.9 million, roughly in line with prior quarter, and up 65% year over year, primarily as a result of our acquisition of the factory operations of a 100,000 square foot manufacturing facility in Brooklyn, New York. We expect our operating margins to improve as we move beyond certain one-time expenses and continue to take advantage of synergies and cost reduction measures. We continue to invest in marketing, sales, and other growth initiatives while at the same time following a disciplined capital allocation process. Company-wide, our pipeline of qualified opportunities continues to increase and is considerably higher than it was just a quarter ago, indicating a strong foundation for future growth in both the disinfection and hospitality segments. The hospitality segment alone has new purchase orders already on hand for shipment in first half of 2023, exceeding 10 million. As a reminder, the disinfection segment includes the design, manufacture, assembly, and distribution of air purification and pathogen elimination systems for use in food and beverage, agricultural, education, government, healthcare, and the consumer market. The hospitality segment includes the manufacture of fine mirrors and furniture specifically for the hospitality industry. Now let me turn this call over to Max Munn founder and CEO of MUNWORKS, to review our hospitality segment. Thanks, John.