8/18/2022

speaker
Operator
Conference Operator

Good day, and thank you for standing by. Welcome to Minimum Q2 2022 earnings call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. If you'd like to ask a question during this time, simply press star, then the number one on your telephone keypad. If you would like to withdraw your question, please press star, followed by two. Thank you. I'd now like to hand the conference over to your speaker today, Mr. James Carbonara from Hayden IR. Thank you. Please go ahead.

speaker
James Carbonara
Investor Relations, Hayden IR

Thank you. Once again, welcome to Minim's Q2 2022 earnings call. With me on the call are Jeremy Hitchcock, chairperson of the board, Mahul Patel, incoming chief executive officer, and Dustin Tacker, incoming chief financial officer. As a reminder, all materials for today's live presentation are available on the company's investor relations website at ir.minim.com. Before we begin, I want to remind everyone that today's conference call may contain forward-looking statements. Forward-looking statements include statements regarding the future, including expected revenue, operating margins, expenses, and future business outlook. Actual results or trends could materially differ from those contemplated by these forward-looking statements. For discussion of such risks and uncertainties, which could cause actual results to differ from those expressed or implied in the forward-looking statements, please see risk factors detailed in the company's annual report on Form 10-K, contained in subsequent filed reports on Form 10-Q, as well as in other reports that the company files from time to time with the Securities and Exchange Commission. Please note, too, that today's call may include the use of non-GAAP numbers that management utilizes to analyze the company's performance. A reconciliation of such non-GAAP numbers for the most comparable GAAP measure is available in our most recent press release, as well as in our periodic filings with the SEC. Now, I would like to turn the call over to Jeremy Hitchcock, Chairperson of the Board of Minimum. Jeremy, please proceed.

speaker
Jeremy Hitchcock
Chairperson of the Board

Thanks, James. Good morning, everyone, and welcome. Before Mahul and Dustin cover the results for the corridor, I would like to address the announcement we shared earlier this week about changes to our senior leadership team. Mahul Patel, who has been serving as the company CFO for the last six months, has been named Chief Executive Officer, replacing Gray Chinawith. Gray will be transitioning from his role as Chief Executive Officer to pursue a new career opportunity as a member of the United States Navy Reserve. This change will take place on September 8. Gray is committed to an orderly transition of his duties until then. I want to take this opportunity to publicly recognize and thank Gray for his leadership and the contributions he has made to Minim. He was instrumental in launching our software transformational strategy, building out our product offerings, and expanding our reach through new distribution channels. Those have resulted in leading market positions and extensive top line growth. He has recruited a group of strong and capable leaders to advance our strategy and build upon our success. Mahul joined Minim about six months ago and has proven to be an exceptional leader, and the board and I are confident he will have a greater impact as CEO. Mahul has extensive experience in the technology and finance sectors that include supply chain management, contract manufacturing, financial operations demonstrating operating leverage, and top-line growth. We are confident that Mahul has the proven ability to lead our company and take our business to the next level. We also announced that Dustin Tacker, who has served as our Vice President of Accounting and Corporate Controller, will step into the role of Chief Financial Officer. Dustin has extensive experience at the CFO level and was previously our Interim Chief Accounting Officer. He is a strong finance professional with deep institutional knowledge that will be of great value to the company. Finally, we are shifting the role of our Chief Operating Officer away from a C-Suite Operational Executive and will be hiring a VP of Operations following the departure of John Lauten. Your board is committed to delivering improving results, which requires a deep focus on operational execution. Importantly, this team is committed to executing on the strategy that is already in place. The value proposition is as compelling today as it was when the company was founded, and there is tremendous opportunity to drive growth and unlock value. With that, I'll turn the call over to Mahul.

Disclaimer

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