The Singing Machine Company, Inc.

Good day, everyone, and welcome to today's Singing Machine Second Quarter Earnings Call. At this time, all participants are in a listen-only mode. Later, you will have the opportunity to ask questions during the question-and-answer session. Please note today's call may be recorded, and I will be standing by should you need any assistance. It is now my pleasure to turn the conference over to Brendan Hopkins. Please go ahead.

Thank you, and thank you, everyone, for taking the time to join us today. We have a brief safe harbor, and then we'll get started. Except for historical information contained herein, the statements in this conference call are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause our actual results in future periods to differ materially from forecasted results. With that said, I'd like to turn the call over to Gary Atkinson, CEO of the Singing Machine.

Thank you, Brandon. My name is Gary Atkinson. I am the company CEO. Joined with me this afternoon is also Lionel Marquis, company CFO, and Bernardo Mello, company chief revenue officer. I want to start off by just thanking everybody for taking the time today to listen in and learn more about our second quarter earnings report. We are very pleased to share these results. We believe that our second quarter demonstrates our resiliency in a very challenging time, and it highlights the speed and the flexibility of our team to capitalize on this very rapidly changing environment. In the past year alone, we have dealt with the lingering demand uncertainty created by the global pandemic, the resulting ripple effects on supply chain, inflation, rising interest rates, and worker shortages. We believe we have weathered this storm well. I'm very proud of our team's response to all of these challenges. First, we have capitalized on our competitors' weakness to expand our relationship with one of our key customers, Walmart. By moving a number of our products into the Walmart Consumer Electronics Department, we have put our best assortment with highest margin offerings front and center in the most influential retail location for all consumer electronics sold in North America today. This has been a tremendous platform for marketing our best technology and products, as well as showcasing our emerging ideas in karaoke. As Lionel will further talk about, this decision was very timely and is a key component to our financial results. Expanding our relationship with Walmart offset sales softness in other areas due to the overall macroeconomic factors I previously mentioned. These well-timed decisions result in overall revenue growth, strong gross margin improvement, and profitability. In these times, we see this as a major win for the company and for our shareholders. During the second quarter, our team also worked very quickly to convert Sam's Club from a domestic program to an FOB China program. By converting this program to FOB China, we avoided any supply chain uncertainty and we've improved the efficiency in which our products flow into the club stores. It also guarantees the full delivery of our entire program, which is very important today as retailers look to reduce inventory in their pipeline. At this point, I would like to turn the call over to our Chief Financial Officer, Lionel Marquis, to provide further insight into the details of our successful second quarter. Go ahead, Lionel.