Crown Electrokinetics Corp.

Good afternoon, everyone, and welcome to the Crown Electrokinetics second quarter 2024 conference call. At this time, all participants are in a listen-only mode. A question-and-answer session will not be following the management's remarks. This conference call is being recorded. A replay of today's call will be available on the investor relations section of the Crown's website. I will now hand the call over to Jason Asad, Director of Corporate Communications, for introductions and the reading of the Safe Harbor Statement. Please go ahead.

Thank you, operator. Good afternoon and welcome to Crown's second quarter 2024 call. With us today on the call are Doug Croxall, Crown's Chief Executive Officer and Chairman, Joel Krutz, Chief Financial Officer, and Sheldon Davis, President of the company's Electrokinetic Film Division. Before we begin, I'd like to remind you that today's call contains certain forward-looking statements from management made within the meaning of the Section 27A of the Securities Act of 1933 as amended and Section 21A of the Securities and Exchange Act of 1934 as amended. Words such as should, projects, expects, intends, plans, believes, anticipates, hopes, estimates, and variations of such words and similar expressions are intended to identify forward-looking statements. These statements are subject to numerous conditions, many of which are beyond the control of the company including those set forth in the risk factor section of the company's quarterly report on Form 10-Q for the second quarter ended 2024. Copies of these documents are available on the SEC's website at sec.gov. Actual results may differ materially from those expressed or implied by such forward-looking statements. The company undertakes no obligation to update these statements for revisions or changes after the date of this call, except as required by law. Now at this time, It's my pleasure to introduce Doug Croxall, CEO and Chairman of Crown. Doug?

Thanks, Jason. Welcome, everyone, to our second quarter 2024 earnings call. As most of you know, Crown has been expanding its scope of services. Previously, Crown was comprised of two divisions, our electrokinetic film division and our fiber optic construction division. Recently, we announced further expansion into lead pipe inspection as well as lead pipe remediation. We now have four complementing markets and revenue verticals, which allow us to go broader within existing customers while taking advantage of what we believe to be large total addressable markets. Most importantly, we have attracted a team of top talent across all four of our divisions to ensure that we execute and drive both growth and profitability across all of them. I'd like to start with the discussion of our film division today. The development of our electrokinetic film has been a long and sometimes tedious process. In late February of this year, we announced that our film team had solved the 12-inch mastering challenge for its Gen 1 alpha smart window insert product. We remain in a good position to start shipping the product, the first product, in small quantities in the next couple of months towards the end of the calendar year. With this technical milestone address, we announced that Sheldon Davis, previously a consultant to the company, was named president of our electrokinetics film division. Sheldon's work history makes him the ideal person for Crown's exact stage of growth, and we're extremely encouraged by the progress that he has made in his short time in his new role. Sheldon and I have known each other since about 2016 while he was working at Guardian Glass, a Coke Industries company. His knowledge of our target market, ink formations, window insert, glass manufacturing, and different glazing technologies make him the perfect person for the job. We're excited to have him take a leadership role at this important time. Sheldon is here on the call with us today, and I've asked him to provide you with a further update on the status of our film division. Sheldon?