Ideanomics, Inc.

Greetings and welcome to Ideanomics third quarter 2022 earnings call. At this time, all participants are in 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, Tony Sklar, Vice President of Investor Relations. Please proceed, sir.

Thank you very much, Operator, and welcome everybody to the Ideanomics Third Quarter Earnings Conference Call. Joining me today, I am pleased to have Mr. Alf Poore, Chief Executive Officer, Mr. Steven Johnson, Chief Financial Officer, and Mr. Robin Mackey, President of Ideanomics Mobility. A webcast of today's call will be archived and available in the events and presentation section of our corporate website for a minimum of 30 days. As a reminder, this conference call is being recorded. During the call, we will make forward-looking statements such as dialogue regarding our revenue expectations or forecasts for the remaining quarter and full fiscal year 2022 and 2023. These statements are based on our current expectations and information available as of today and are subject to a variety of risks and certainties and assumptions. Actual results may differ material as a result of various risk factors that have been described in our periodic filings with the SEC. As a result, we caution you against placing undue reliance on these forward-looking statements. We assume no obligation to update any forward-looking statement as a result of new information or future events, except as required by law. In addition, other risks are more fully described in the ID Anomics public filings with the U.S. Securities and Exchange Commission, which can be viewed at www.sec.gov. Today, November 9, 2022, the company filed with the SEC its Form 10Q for Q3 2022 and afterwards issued a press release announcing those financial results. So participants of this call who may not have already done so, who may wish to look at those documents as we provide a summary of those results on this call. The format for today's call will be as follows. Mr. Alf Poore will begin our comments today and speak to the company's progress and strategic developments. Mr. Stephen Johnson will speak to the company's operating and financial results for the third quarter 2022. Mr. Robin Mackey, president of Ideonomics Mobility, will speak to the company's operational activities in mobility and the progress made since our last earnings call. And then finally, Mr. Alfor will make management's closing remarks, which will be followed by our Q&A. I now hand the floor over to Mr. Alfor, Ideonomics CEO.

Thank you, Tony. And thank you to everyone joining our Q3 earnings call today. On today's call, we will be introducing our new Chief Financial Officer, Stephen Johnston. Stephen brings more than 30 years of experience in the automotive industry to Ideonomics. The commercial EV sector is facing challenges as a result of difficult economic conditions and the slow pace of adoption due to a lack of incentive programs at federal and state government level. The Inflation Reduction Act has started to provide some of the programs fleet operators are looking for, but certainly there is more work to be done at the government level in order to support the transition to zero emission transportation. Despite these challenges, we have made progress in each of our businesses, as Robin will speak to. We have made this progress despite implementing cost-saving measures across the organization. Ideonomics continues to support our customers' electrification goals, grow mobility and energy verticals. U.S. hybrid is a prime example. We expect that business to be profitable in 2023. Energica and Selectrac are making and selling more products. Year to date, Energica has sold 78% more motorcycles compared to the same period last year, and Selectrac sold more tractors in Q3 than they did in all of 2021. I also want to share a quick story about Wave. Just one day after Hurricane Ian hit Florida, our Wave wireless charging system in St. Petersburg was back up and running for the local transit authority. This is a testament to the quality of engineering, which has resulted in reliability and durability of our wireless charging systems in extreme weather conditions. I want to highlight that iDynamics EV revenues are growing through sales in key European and U.S. markets. In previous quarters, our non-core fintech businesses and a China EV sales business made up the bulk of our revenues. The switch has now taken place. By transitioning away from non-core businesses and markets, we can place our focus on the areas where we anticipate the more meaningful market opportunity. I'd also like to provide an update on VIA. The Idenomics and VIA teams are working closely on progressing the acquisitions. We believe VIA can be a force multiplier for Idenomics and vice versa. Together, we offer a better product that meets customers' needs today and tomorrow. Idenomics Energy and Idenomics Capital will accelerate VIA sales with our as-a-service subscription model and offer customers turnkey charging solutions to support the mass deployment of VIA vehicles. The WAVE and VIA teams are collaborating on the integration of WAVE's induction charging system onto the VIA platform, and that would represent an industry first as a fully integrated solution in commercial EV. This is what our customers in the last mile delivery and logistics markets require, a simple, integrated, and affordable way to electrify. Before I pass you over to Stephen, I would like to address our share price. Everyone at Ideonomics is committed to supporting the value of our company and our stock. To do this, we are focusing on the fundamentals of cost savings and execution in conjunction with pursuing strategic financing from alternatives to dilutive equity-based finance. These funding initiatives are currently ongoing. To sustain our vision, we are focused on building momentum around our successes. Put simply, this means winning more customer contracts, and generating higher margin revenues, which will help demonstrate the path to profitability our investors expect. I will now hand you over to Steven Johnston, who will take you through our financial results for the quarter.