InMode Ltd.

Good day, and welcome to the In Mode First Quarter 2023 Financial Results Conference Call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then one on your telephone keypad. To withdraw your question, please press star, then two. Please note this event is being recorded. I would now like to turn the conference over to Mary Siegel, CEO of MSIR. Please go ahead.

Thank you, Operator, and to everyone for joining us today. Welcome to InMode's first quarter 2023 earnings call. Before we begin, I would like to remind our listeners that certain information provided on this call may contain forward-looking statements. and the safe harbor statement outlined in today's earnings release also pertains to this call. If you have not received a copy of the release, please go to the investor relations section of the company's website. Changes in business, competitive, technological, regulatory, and other factors could cause actual results to differ materially from those expressed by the forward-looking statements made today. Our historical results are not necessarily indicative of future performance. As such, we can give no assurance as to the accuracy of our forward-looking statements and assume no obligation to update them except as required by law. With that, I'd like to pass the call over to Moshe Mizrahi, Chairman and CEO. Moshe, please go ahead.

Thank you, Miri. and to everyone for joining us. With me today are Dr. Michael Kreindl, our Co-Founder and Chief Technology Officer, Yair Malka, our Chief Financial Officer, Shaquille Lacani, our President in North America, Dr. Spiro Teodoro, our Chief Medical Officer, and Raphael Liekerman, our VP of Finance. Following our prepared remark, we will all be available to answer your questions. we reported revenue of $106.1 million in the first quarter, an increase of 23.5% compared to the first quarter of 2022. Sales from consumable and service continue to grow in the first quarter, and Shaquille will go over that in more detail shortly. I would like to take the moment to recognize that 15 years ago, we started this company with a small investment of just $3.5 million. And in an idea that with bipolar RF technology, our expertise and knowledge of the aesthetic industry, we can disrupt the industry and help close the treatment gap. We have been accomplishing this by providing patients remarkable and lasting results. We are working closely with leading plastic surgeons that have endorsed our safe, FDA-approved technology. Today, we can say that InMod is the leading global provider of innovative, minimally invasive aesthetic and wellness solutions, operating in 92 countries with seven patented technologies across 10 product families and an install base of over 8,400 platforms in the United States and over 18,300 systems globally. We are proud to recognize this 15-year anniversary as we announce a strong start to the year. We would not reach these solid, consistent results without the dedication and hard work of our employees. And I would like to take the opportunity to thank them for their commitment Last year, we successfully introduced the Envision platforms in Canada. Envision is an innovative technology targeted for ophthalmology and optometrist market. And we expect to launch these platforms in the U.S. in the coming months. As we mentioned last quarter, the next generation EVOC, our hand-free platform for face treatment, is planned to launch in the second half of this year, and we look forward to updating you all on this progress. Now, I would like to turn the call over to Shaquille, our president in North America. Shaquille, please.