LogicMark, Inc.

And thank you for participating in today's third quarter 2024 conference call. Shailene Simmons, Chief Executive Officer, and Mark Archer, Chief Financial Officer, are joining me from LogicMark today. During this call, management will be making forward-looking statements, including statements that address LogicMark's expectations for future performance or operational results and anticipated product launches. Forward-looking statements involve risks and other factors that may cause actual results to differ materially from those statements. For more information about this risk, please refer to the risk factors described in LogicMark's most recently filed annual report on Form 10-K and subsequent periodic reports filed with the SEC and LogicMark's press release that accompanies this call. particularly the cautionary statements in it. Statements made on this call may include reference to non-GAAP financial measures as defined in Regulation G of the Securities Exchange Act of 1934, including adjusted EBITDA, which is reconciled to the most directly comparable GAAP financial measures. Management believes that non-GAAP adjusted EBITDA provides investors with insight into the company's overall operating performance. The content of this call contains time-sensitive information that is accurate only as of today, November 12, 2024. Expect as required by law, LogicMark disclaims any obligation to publicly update or revise any information to reflect events or circumstances that occur after this call. It is now my pleasure to turn the call over to Shailene Simmons.

Please go ahead. Thank you, Kathleen, and welcome, everyone.

I'm pleased to share that we delivered improved third quarter financial results with double-digit gains in key metrics. Our $2.7 million of revenue reflects a 14% increase compared to the same period last year. Gross profit improved by 13% to 1.8 million, and the gross margin was 67%, a critical KPI we have maintained for the last six consecutive quarters. I want to congratulate our employees on their contribution to this progress. While we have much we can still accomplish, these numbers reflect our commitment to grow unit sales and operate efficiently. I believe our third quarter results are also validating our go-to-market strategy. LogicMark is now a software and hardware solutions provider, growing our footprint in personal safety and emergency response systems. We're making progress because of all the great work that our team has done through research and development, the creation of a tremendous intellectual property portfolio, new products, and expanded sales and marketing efforts. Our Freedom Alert Mini has been well received with its many great features. These include patented superior fall detection technology, integrated geofencing to notify caregivers when the device exits the map boundary previously set, as well as two-way communications with a 24-7 US-based customer care service. that dispatches emergency services for support and care. It doesn't end there. The FA Mini has an extended battery life of six days in the always-on mode and 30 days in the standby mode for fall detection. Also included is GPS location services, which provide accurate location tracking for enhanced safety, and a caretaker companion app which offers emergency notifications, enables location monitoring, and facilitate service on both iOS and Android. That's a terrific set of features for the price. Yesterday was Veterans Day, a time to honor the brave men and women who have faithfully served our country. We are privileged to continue working with the Veterans Administration to provide solutions that enhance many veterans' quality of life. Our recent partnership with Black Knight, a service-disabled veteran-owned small business retailer, further strengthens our commitment to the veteran community by expanding our sales and marketing channels to reach even more customers. Service-disabled veteran-owned small businesses, also called SDVOSBs, and other resellers like Black Knight play a vital role in the healthcare ecosystem, especially in making essential products like PERS and other assistive devices more accessible to a broader audience. This new collaboration aligns seamlessly with our mission to deliver innovative solutions in the care economy, supporting those who have given so much to our country. Needless to say, there is excellent potential to continue expanding our customer base and growing sales. Our now standing relationship with the VA is only part of the market opportunity we can capture. The caregiving gap is a widening problem that can only be solved with technology. Baby boomers are turning 65 at a rate of over 10,000 per day. By 2040, one in four Americans will be over the age of 65. So for independent living and aging, the market opportunity is projected to reach 17.26 billion by 2028. In addition to PERS devices, we have also established a footprint in the personal safety market. Smart personal safety market opportunity is projected to reach 33.5 billion by 2030. Why? Personal safety fears are at a three-decade high. 66% of adults avoid social outdoor activities due to the fear of personal crime. 53% of women are afraid to walk alone at night. When we began transforming this company three years ago, we reinvented our approach to decurs and safety markets. Since then, we've strengthened our staff and board of directors, expanded our product portfolio, and found many important new patents. Our IP portfolio now includes 23 total patents allowed and issued, 16 patents filed since May of 2021-2024, with many that are focused on AI and ML. Given our progress, I'm pleased to say that we are attracting the attention of many who are interested in our story. Our focus on operational excellence and sales growth will continue. We're committed to developing and implementing technology solutions that enhance everyone's quality of life by utilizing leading-edge AI and machine learning tools. Our dedication to building a care village with proprietary technology continues to drive us forward forward and towards creating innovative solutions for the care economy. I'll turn over the call to Mark to further comment on the financial results.