Brand Engagement Network Inc.

session, you will need to press star 1-1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1-1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker, Susan Zhu, Investor Relations. Please go ahead.

Thank you, Operator, and good afternoon, everyone. Thank you for joining Ben's Q1 2025 earnings conference call. Joining me on today's call are CEO Paul Chang and CFO and COO Waleed Kiari. The company's first quarter results were disseminated yesterday and are available on the Investor Relations website at www.investors.beninc.ai. During this call, we'll make forward-looking statements, including statements about our business outlook, strategies, and long-term goals. These comments are based on management's plans, predictions, and expectations as of today, which may change over time. The company's actual results could differ materially due to a number of risks and uncertainties. For more information about the risks and uncertainties involving forward-looking statements and factors that could cause actual results to differ materially from those projected or implied by forward-looking statements, please see the risks The risk factor is set forth in Ben's most recent annual report on Form 10-K as supplemented by the risk factors in its most recent quarterly report on Form 10-Q. Forward-looking statements represent management's current estimates, and the company assumes no obligation to update any forward-looking statements in the future. As a reminder, this call is being webcast from the Investor Relations website. An audio replay will be available on the website in a few hours. With that, I'll turn it over to Paul to share our Q1 update. Over to you, Paul.

Thank you, Susan. Good afternoon, everyone, and thank you all for joining us today. Q1 marked another step forward for Ben as a business. As generative AI continues to evolve rapidly, the need for secure, scalable, and cost-effective solutions has never been more urgent. This is where Ben continues to stand apart. While some of the largest models are making headlines for their size, cost, complexity, and unfortunately for their mistakes, our focus remains on delivering practical AI that businesses can actually use without the risk of unmanaged responses or uncontrolled user interactions. The official launch of our iSky platform this quarter has generated strong early traction across multiple industries. The message from the market is clear. Businesses want AI that is purpose-built with deep expertise and designed to solve real problems, not just demonstrate surface knowledge of various subjects. We built iSky to solve the challenges we kept hearing in the market. Large language models that are difficult to trust, prone to hallucinations, and expensive to deploy at scale. iSky solves all of this. It combines industry-specific training, a modular architecture, and a lightweight design that gives businesses the rules and controls they demand to be able to service their customers. A major milestone in the quarter end was the launch of our partnership with Swiss Life Global Solutions, a global leader in cross-border insurance and employee benefits. With operations in over 85 countries and more than $280 billion in assets, Swiss Life partnered with Ben to deliver secure, generative AI power solutions across this global network of clients and insurance partners. Our platform will support a range of use cases, including streamlining sales and enrollment, reducing call center volume, and enhancing member services with self-service tools for coverage details, claims, and more. Subsequent to quarter end, we also announced a partnership with Seven Visions Resort and Places, the Divin, an iconic award-winning luxury destination in Eastern Europe. We intend to demonstrate how Ben's secure, human-like AI can deliver 24-7 service in a hospitality setting where personalization, trust, and speed are paramount. It's a clear example of how our iSky architecture supports rapid configuration and high-impact use cases in new verticals. Additionally, our partnership with Valeo Technologies has led to an important project with University of KwaZulu-Natal to co-develop an AI Tower mental health program for students in underserved regions of South Africa. The solution is designed to scale with anonymized insights, enabling institutions to better target support while maintaining full privacy compliance. In the automotive sector, we continue to develop use cases not only for the dealers, but now also for large OEMs, further entrenching Ben's technology with customers who can help scale our solutions. As shared last quarter, we signed a definitive agreement to acquire Catanel, a Germany-based media technology company specializing in ad sales and inventory management for major European broadcasters. With the extension deadline approaching in June, we remain on track and anticipate transforming the ad tech industry. For the first time ever, brands can now manage and control their entire customer journey from ads to engagement to conversion. Waleed will provide an update on the progress we've made to date and how this acquisition supports our long-term growth strategy. As we move through 2025, we remain focused on executing our strategy, delivering practical, scalable AI solutions, expanding into new verticals, and strengthening our global partnerships. While we have demonstrated market validation, we look forward to adding large household names to our list of customers and begin to deploy our solutions in production environments. We are energized by the traction we're seeing and confident that our platform, people, and partnership position us well for continued growth. With that, I'll turn it over to our CFO and COO, Waleed Kiari, for a financial update and the latest on the Cat's Nail acquisition. Thank you very much, Paul.