ContextLogic Inc.

Thank you for standing by and welcome to the ContextLogic's first quarter 2024 earnings conference call. During the program today, all participants are in a listen-only mode. As a reminder, today's program is being recorded. And now I'd like to introduce your host for today's program, Ralph Fong, Director of Investor Relations. Thanks, Jonathan.

Thanks, Jonathan. Good afternoon, everyone, and welcome to ContactsLogic's first quarter 2024 update conference call. I'm Ralph Fong, Director of Investor Relations, and providing remarks on the call today are Chairman, Chairperson and CEO Rishi Bajaj and our CFO, Brett Just. The remarks made today may include forward-looking statements, including with respect to the recent asset sale to Q10 and related matters. Our actual results may differ materially from the results implied by these forward-looking statements if certain risks materialize or assumptions prove incorrect. Forward-looking statements are based on our current expectations and assumptions and involve risks and certainties that could cause actual results or events to be materially different from those anticipated. Information concerning factors that could cause actual results that differ materially from those in the forward-looking statements are and will be contained from time to time in our FCC filings, including on forms 10-Q, 10-K, and 8-K. Any forward-looking things that we make today are only as of today's date, and we undertake no obligation to update or revise any such statements as a result of new information, future events, or otherwise. Also, please keep in mind that included in the financial statements and management's prepared remarks during the call are both GAAP and non-GAAP financial numbers and metrics. A reconciliation of non-GAAP to GAAP results is included in today's earnings release, which you can find on our Investor Relations website and which is also filed with the SEC. A replay of this call will be posted to our Investor Relations website. With that, let me now turn the call over to our CFO, Garchas, to provide financial review.

Fred?