FlexShopper, Inc.

Greetings and welcome to the Flex Shopper Inc. 2022 Fourth Quarter and Fiscal Year Financial Results Conference Call. At this time, all participants are on a listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Carlos Sanchez, Investor Relations. Thank you. Please go ahead.

Thank you, and good morning. Welcome to Flex Shopper's fourth quarter 2022 financial results conference call. With me today are Russ Heiser, our Chief Executive Officer, John Davis, our Chief Operating Officer, and Howard Dvorkin, the Chairman of the Board. We issued our earnings release last night and corresponding investor relation presentation this morning, and we'll be referencing these during the call today. Both can be found in our investor relations section of our website. We will be available for Q&A following today's prepared remarks. Before we begin, I would like to remind everyone that this call will contain forward-looking statements regarding future events and our financial performance, including statements regarding our market opportunity, the impact of our growth initiatives, and future financial performance. These should be considered in conjunction with cautionary statements contained in our earnings release and the company's most recent periodic SEC reports, including our annual report, Form 10-K, for the year ending December 31, 2022. These statements reflect management's current beliefs, assumptions, and expectations, and are subject to a number of factors that may cause actual results to differ materially from those statements. Except as required by law, we undertake no obligation to publicly update or revise any of these statements, whether as a result of any new information, future events, or otherwise. During today's discussion of our financial performance, we will provide certain financial information that contains non-GAAP financial measures under SEC rules. These include measures such as EBITDA, net income, and adjusted net income. These non-GAAP financial measures should not be considered replacements and should be read together with our GAAP results. Reconciliation to GAAP measurements and certain additional information are also included in today's earning release. which is available on our investor relations section of our website. This call is being recorded and a webcast will be available for replay on our investor relations section of our website. I will now turn the call over to our chairman of the board, Howard Dvorkin.

Thanks, Carlos. Good morning, everyone, and thank you for joining us for the call. As investors know, I normally do not participate in these calls. However, I wanted to personally address the passing of our former Richard House. Rich was a visionary leader who played an instrumental role in shaping the strategic growth path of the company and setting the company for future success. Rich House was not only a leader of this company, but also a mentor and close friend to many of us at Flex Shopper. Rich certainly left Flex Shopper in a much better shape than when he found it upon joining us. Between the significant upgrade in the company's talent, as well as a defined strategic plan, that will likely be his legacy for years and will benefit our company for years to come. Rich will sorely be missed. On behalf of the entire Flex Shopper family, I want to extend my deepest and sincere condolences to his family and loved ones. As you know, upon the passing of Rich, the Board of Directors appointed Russ Heiser as our new Chief Executive Officer. Russ has been the Chief Financial Officer for Flex Shopper for longer than Even I have been involved in the company. In that role, he was exposed to every aspect of the company, not only leading the finance and accounting teams, but also the capital market activities. Clearly, I've always been impressed by his herb intellect, as well as his incredible work ethic. In addition, He led the recent acquisition, which we will speak about shortly. Most importantly, he worked extensively with Richard House as well as John Davis, our COO, learning from both of them, which is important. The board of directors, as well as myself, has the utmost confidence in Russ, frankly, here on the chance, and I am certain he will not disappoint any of us. As a significant equity investor, I am laser focused on driving earnings that will be translated into a higher stock price. Last year was a very difficult year and I was not particularly happy with the company's performance. In fact, I don't think anybody, mostly the management team was not happy, but this year is a different year. I am, however, very comfortable stating that this ship's course is set to produce future sustainable growth. Certainly, with the recent acquisition of Revolution, I am confident that FlexShopper is taking the right steps to broaden its distribution channel and offerings of financial products that will result in future earnings. I continue to have the utmost confidence in the company's business, but also the existing staff and management teams that are led by Russ and John Davis. Now let's move on to the earnings report for the quarter. As such, I will turn over the call to Russ.