Innventure, Inc.

Good day, and thank you for standing by. Welcome to the InVenture second quarter 2025 earnings conference call. At this time, all participants are in listen-only mode. After the speaker's presentation, we'll open up for questions. To ask a question during a session, you need to press star 1-1 on your telephone. You then hit an unreaded message advising your hand is raised. To withdraw your question, please press star 101 again. Please advise that today's call is being recorded. I would now like to hand it over to your first speaker today, Lucas Harper, Chief Investment Officer. Please go ahead.

Thanks, Operator, and thank you all for joining us for InVenture's second quarter 2025 earnings call. My name is Lucas Harper, InVenture's Chief Investment Officer, and joining me from the company are Bill Haskell, Chief Executive Officer, and Dave Yablonowski, Chief Financial Officer. Earlier today, we issued a press release announcing our financial results, which is available on our investor relations website, along with a supplemental slide presentation. As referenced on slide five, we will be discussing non-GAAP financial measures during this call. The most directly comparable GAAP financial measures and the reconciliation of the differences between the GAAP and non-GAAP financial measures are available in our earnings release and supplemental slide presentation on our website. In addition, certain statements being made today are forward-looking statements that are based on management's current assumptions, beliefs, and expectations concerning future events impacting the company. These forward-looking statements involve a number of uncertainties and risks, including but not limited to those described in our earnings release Form 10Q for the period ending June 30, 2025, and other filings with the SEC. The actual results of operations and financial condition of the company could differ materially from those expressed or implied in our forward-looking statements. And now I'd like to hand the call over to Bill.

Thanks, Lucas, and thanks to everyone joining us today. Last quarter, we invited Dino Fodoraro, Excelsior's Chief Revenue Officer, to call for a deep dive into Excelsior's technology differentiators, market opportunity, and customer engagement. We heard great feedback from investors and analysts on the value of this spotlight, so today we are pleased to have Josh Kleiman, CEO of Excelsius, on with us to speak about the exciting recent developments at the company and the incredible opportunity that lies ahead. Before passing to Josh, let me just reiterate that market momentum for Excelsius continues to accelerate, and we anticipate an inflection in commercial bookings before the end of 2025. Josh's commentary will provide real-world context for why we remain confident in our ability to deliver on that goal. With that, I'd like to turn the call over to Josh. Josh?