8/19/2025

speaker
Tawanda
Conference Operator

Hello, and welcome to the Second Quarter 2025 Results Conference Call. At this time, all participants are in a listen-only mode. I would now like to turn the conference over to Jules Abraham of CoreIR. Sir, you may begin.

speaker
Jules Abraham
Investor Relations, CoreIR

Thank you, Tawanda. Good evening, everyone, and welcome to Sycurian's inaugural investor conference call, where the company will be discussing its first half 2025 financial results and business activities, as well as providing additional details on its outlook for the rest of the year, along with an early look into 2026. Leading today's discussion are Kevin Kelly, Chairman and CEO, CFO Alvin McCoy, and President of Business Development, Ed Burns. The company previously reported its second quarter and first half 2025 financial results and issued an earnings release on those results on Thursday, August 14th, as well as a follow-up press release on Friday, August 15th that provided clarity on operating performance, calling out non-recurring, non-cash expenses in the quarter, along with emphasizing a lot of the positive contract wins that have been secured. The earnings release, follow-up release, and SEC filings can each be found on the company's investor relations website. Today's discussion will include statements that constitute forward-looking information or forward-looking statements, and these statements reflect management's current beliefs and expectations and are subject to a number of factors that may cause actual results to differ materially from those statements. These factors include, but are not limited to, those discussed in Sycurean's SEC filings. These statements do not guarantee future performance and therefore undue reliance should not be placed upon them. We do not intend to update these forward-looking statements as a result of new information or future developments except as required by law. Additionally, today's discussion will include both GAAP and non-GAAP financial measures. These non-GAAP financial measures should be viewed in addition to and not as a substitute for Sycurian's reported results prepared in accordance with U.S. GAAP. All non-GAAP financial measures referenced in today's call are reconciled in the earnings release from August 14th and the follow-up release from the 15th. For more information regarding financial performance, please see the company's end quarter and year reports on Form 10-K for the fiscal year ending December 31st, 2024. Form 10-Q for the first and second quarters of 2025, along with corresponding earnings releases, all available on the investor relations section of Sycurian's website at www.sycurian.com and on the SEC's website at www.sec.gov. Finally, as a reminder, today's conference call is being recorded and the replay will be available on the company's investor relations website. At this time, I'd like to turn the call over to Sycurian Chairman and CEO, Kevin Kelly. Kevin.

speaker
Kevin Kelly
Chairman and Chief Executive Officer

Hey, thanks a lot, Jules. I really appreciate it. Good evening, everybody, and thank you very much for getting on this call tonight. We're excited about having the opportunity to walk you all through what's transpired for the last five months since DVD backed and became a public company. And so how the call is going to flow or the flow of the call tonight will be, I'll give a A brief introduction, I will hand it over to Alvin McCoy, the CFO. He's going to walk through his firm and how we ended up where we are today. I will walk through strategically what our plans are for the next 18 to 24 months at Sycurium. Ed Burns, who is the President of Business Development, will walk through some slides that you all have on this call tonight about some of the contracts we have, how these contracts work, and why we're excited about what's going on. So that will be the flow. Just a brief background, as you know, Kevin Kelly, the Chairman and CEO I've been with Psycarian roughly about two, two and a half years, first and foremost, on the board of directors, and officially took over CEO and chairman on February 14th of this year. Part of that, I had a history that entailed a tour overseas, both in Asia, living in Tokyo, and briefly in Hong Kong, and then London after that with a company called Hydric & Struggles. where I was CEO for nine years from 2006 to roughly the end of 2013, 14, another NASDAQ listed company. Subsequent to that, I created a cybersecurity company called Halo Privacy that focuses on locking down and securing communications. It was at this point through my endeavors with Halo Privacy, that I met Alvin McCoy. We both happen to be alumni from Fuqua, the School of Business at Duke. We met through some other alumni there, and we were talking about what each one of us was doing in the cybersecurity space. So I hit it off at that point in time. We were trying to do some work together between Halo and Cycurian. One thing led to another, and when I heard about all the exciting things that Cycurian was doing, had the opportunity to take over the helm. I was very excited about it, excited to work with Alvin and Ed, and we have a great team here. So with that, I'll hand it over to Alvin briefly, and he can cover a little bit about the background of the firm himself, and then we'll keep going.

Disclaimer

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