Genasys Inc.

Good day, everyone, and thank you all for joining us for today's Genesis Inc. Fiscal Second Quarter 2026 Conference Call. As a reminder, all phone lines have been placed in a muted or listen-only mode to prevent any potential background noise, but later you will have the opportunity to ask questions during our question-and-answer session. To do so, to place your line into a queue, please press star and 1 on your telephone keypad. To get us started, With open remarks and introductions today, it is my pleasure to turn the floor over to External Investor Relations and Representative Clay Leolios. Welcome, sir.

Good afternoon, everyone. Thank you for participating in today's conference call to discuss Genesis Inc.' 's fiscal second quarter 2026 results ended March 31st, 2026. Joining us on today's call are the company's Chief Executive Officer, Richard Danforth, and Chief Financial Officer, Cassandra Montione. Before we begin, let me remind everyone of the company's safe harbor disclaimer. Certain portions of our comments today will concern future expectations, plans, and prospects of the company that constitute forward-looking statements for purposes of the safe harbor provisions under the private securities litigation reform act of 1995. Forward-looking statements include all statements containing verbs such as aims, anticipates, estimates, extracts, believes, intends, plans, predicts, will, may, continue, projects or targets, and negatives of these words and similar words or expressions. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated by the forward-looking statements. Factors that could affect our results include, among others, those that are discussed under the heading Risk Factors in our most recently filed reports with the SEC, including our annual report on Form 10-K, our quarterly reports on Form 10-Q, and our current reports on Form 8-K. In addition, this call includes discussions of certain non-GAAP financial measures, including adjusted EBITDA. The most directly comparable gap measures and reconciliations for non-gap measures are available in the earnings release and other documents posted on the company's website under investor relations. A replay of the webcast will be available approximately four hours after the presentation through the conference call link on the events and presentations page of the company's website.

With that, I would like to turn the call over to Genesys CEO, Richard Danforth. Thank you, Clay, and thank you all for joining us today. Before we get into our second quarter, as some of you have probably seen, we filed an 8K today announcing a 60-day extension for the repayment of our debt. Currently, we are owed approximately $13 million related to the Puerto Rico project. While payments from Puerto Rico have been slower than expected, we remain confident that the outstanding receivables will be collected. Over the past month, I personally traveled to Puerto Rico. and met with our partners and had productive discussions regarding the project and payment process. In fact, we received payments of $1.8 million last week and anticipate receiving the remaining balances shortly. The receivables from the Puerto Rico project are expected to be used to retire our debt. Now let's move on to our strong second quarter. This quarter represented a meaningful inflection point for Genesis. We delivered gap net income profitability and strong gross margins, reflecting the impact of disciplined execution, operational right-sizing, and improved sales execution across the organization. Equally important, these results demonstrate that the foundational work completed over the past few years is translating into a more durable and scalable business. Genesis is operationally sound, financially disciplined, and positioned to grow across both our software and hardware platforms. On the software side, demand for our solution continues to expand as states, counties, and enterprise prioritize reliable, compliant, and secure communication. We're seeing sustained inbound interest across both Evertel and Genesis Protect, with pipeline growth supported by recent wins in new geographies. These wins validate our value proposition and create long-term opportunities for expansion within those customers. Genesis Protect continues to displace legacy emergency warning systems by combining mass notification with integrated situational awareness and mapping. This capability differentiates us in the market and allows operators to deliver highly targeted, time-efficient alerts during critical events. Our hardware business is also delivering strong performance this quarter, supported by global demand and increasing focus on critical infrastructure protection. We continue to engage with customers across defense, energy, and utilities, where LRI products provide a proven non-lethal layer of security. As investments in infrastructure and capacity expansion accelerates, we see this as a multi-year tailwind. The everyday demand for our hardware combined with the rising global military budgets and the accelerating AI infrastructure build-out continues to generate steady tailwinds for our hardware business. The data center and energy infrastructure expansion currently underway across the United States is a great example. We recently completed the installation of four LRAD 950 NXTs on a critical substation for a large U.S. utility. This was the first substation of many that will be equipped with LRAD 950 NXTs. We expect to receive orders for 26 additional NXT for this very utility. Now let's take a deeper look at the second quarter and some updates on key initiatives, projects, and opportunities. In the second quarter, we delivered $15.5 million in revenue, underscored by a 63.3% gross margin. Out of the 15.5 million, 10.3 million was associated with the Puerto Rico dam early warning system project. The Puerto Rico project is on schedule. We have successfully completed groups three, five, and six, with group one on pace to finish in June of this year. As mentioned, all technical risks associated with the project have been retired, and the focus remains on executing the remaining groups. Success in Puerto Rico is a testament to our entire team and reflects Genesis' ability to execute complex, large-scale, multi-year projects. We also began production under the $9 million CROWS AHD Technology Refresh Program and expect to complete that initial order within this fiscal year. This program represents a meaningful long-term opportunity given the installed base requiring modernization. With roughly 5,000 crow units in need of this technology refitting, the addressable market for this program could be $175 million. We expect to receive additional production orders in the second half of this fiscal year. Backlog ended Q2 at $58 million, affecting both strong execution and continued replenishment from new bookings. Overall, we are encouraged by the momentum across the business and the expanding scope of our opportunities ahead. With that, I will turn the call over to Cassandra for a review of the financial results. Cassandra?