CAMP4 Therapeutics Corporation

Welcome to CalAMP's third quarter 2022 financial results conference call. As a reminder, this call is being recorded. I would now like to introduce your host for today's conference call, Joel Akramowitz, Managing Director of Shelton Group, CalAMP's investor relations firm. Joel, you may begin.

Good afternoon, and welcome to CalAMS Fiscal Third Quarter 2022 Financial Results Conference Call. I'm Joel Akramowitz, Managing Director of Shelton Group, CalAMS' investor relations firm. With us today are CalAMS President and Chief Executive Officer Jeff Gardner, Chief Financial Officer Kurt Binder, and Chief Supply Chain Officer Nathan Lohstetter. Before we begin, I'd like to remind you that this call may contain forward-looking statements. While these forward-looking statements reflect Calonist's best current judgment, they're subject to risks and uncertainties that could cause actual results to differ materially from those implied by these forward-looking projections. These risk factors are discussed in our periodic SEC filings and in the earnings release issued today, which are available on our website. We undertake no obligation to revise or update any forward-looking statements to reflect future events or circumstances. Now, Jeff will begin today's call with a review of the company's operational highlights, during which Nathan will discuss briefly the state of the global supply chain. Then Kurt will provide a more detailed review of the financial results, followed by a question and answer session. With that, it's my great pleasure to turn the call over to Calend's President and CEO, Jeff Gardner. Jeff, please go ahead.

Thank you, Joel, and thank you, everyone, for joining us on the call today. Revenue for the third quarter of $69 million reflected reduced shipments as a result of the ongoing global component shortages that we outlined in our business update press announcement last month. The supply chain challenges that are plaguing businesses globally have become more pronounced over the past several months. As a result, our backlog over the past few quarters has remained at record levels, reflecting the continued strong demand we are seeing for our telematic solutions. In order to provide our investors more context and information regarding Cal-Am's assessment of the supply chain and our mitigation efforts, I have asked our Chief Supply Chain Officer, Nathan Laustadter, to add some additional insight