Nauticus Robotics, Inc.

Thank you for standing by. My name is Tina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Nauticus Robotics Incorporated 2025 Fourth Quarter Earnings Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. To ask a question, simply press star 1 on your telephone keypad. To withdraw your question, press star 1 again. It is now my pleasure to turn today's call over to Kristen Moorman, Corporate Development Lead. You may begin.

Thank you, and good morning, everyone. Joining me today and participating in the call are John Gibson, CEO and President, Jimena Begades, Interim CFO, and other members of our leadership team. On today's call, we will first provide prepared remarks concerning our financial and operations results. Following that, we will answer questions. We have now released our results for the year ending December 31st, 2025, which are available on our website. In addition, today's call is being webcast and a replay will be available on our website shortly following the conclusion of the call. Please note that our comments we make on today's call regarding projections or our expectations for future events are forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control. These risks and uncertainties can cause actual results to differ materially from our current expectations. We advise listeners to review our earnings release and the risk factors discussed in our filings with the SEC. Also, please refer to the reconciliations provided in our earnings press release may discuss non-GAAP metrics on this call. I will now turn it over to John.

Good morning. Thank you, Kristen, and thanks to everyone for joining us today on the call. 2025 was a defining year for us, one where we not only strengthened our foundation, but also began to clearly demonstrate the value of what we've been building. We made meaningful progress across every dimension of the business. Financially, we improved our balance sheet and increased our flexibility. Operationally, the integration of C-Trepid expanded our capabilities and gave us a stronger, more diversified platform on which to execute. Technologically, we made the most important transition from development into real-world deployment, where our solutions are now delivering measurable results. We are getting a lot of time in the water. At the same time, the market's moving in our direction. Demand for autonomy is accelerating as customers seek safer, more efficient, more cost-effective offshore solutions. We're seeing growing need across commercial, infrastructure, and government applications, and we believe Nauticus is well positioned at the intersection of those trends. One area we are particularly excited about at the moment is defense. The global defense industry is becoming an increasingly attractive market for us to pursue. not just in the near term, but for the foreseeable future. Governments and defense organizations are placing greater priority on autonomous and remotely operated systems that can improve mission effectiveness, expand operational reach, and reduce risk to personnel. Our technology, our software, and our offshore operating expertise align very well with those needs, and we believe this creates a compelling and durable opportunity for Nauticus. We're also beginning to extend the opportunity internationally. Our efforts in the UAE with the Master Investment Group reflect growing interest in our technology and regions that are investing heavily in maritime security, critical infrastructure, and subsea capabilities. We view that as an encouraging step in expanding our presence in strategically important markets. We have aligned our leadership and organization to capture these opportunities. Jason Close is focused on driving growth and market expansion. Bob Crist is advancing our presence across government and defense channels, and we've strengthened our software leadership with KJ, who is helping unlock the full potential of Nautica's toolkit as a scalable, multi-platform autonomy solution. In parallel, we have also enhanced our financial flexibility through the availability of our equity line of credit. We believe that access to capital provides us with an additional tool to support growth initiatives and pursue attractive opportunities as they emerge, while remaining disciplined in how we allocate capital. As we enter 2026, we do so with momentum, a clearer strategy, and growing confidence in the markets ahead of us, especially in defense. We just attended the Sea, Air, and Space Conference in Washington, and we're very, very pleased to meet with many customers there. where we see a strong fit with our capabilities and meaningful long-term opportunity. Before we get into the results, let me briefly address the reverse stock split that was executed this week. As you know, we completed an 8-for-1 reverse split of our common shares. This action does not change the underlying value of the company or our shareholders' ownership. It is intended to support our listing compliance and provide a more stable trading framework for our shares. Importantly, it has no impact on our capital, our strategy, or the progress we're making in executing our business plan. With that, I'll turn it over to Amena to walk through the financials. Amena?