Neonode Inc.

everyone thank you for standing by and welcome to Neonose fourth quarter and full year 2021 earnings conference 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 with the company's covering analyst to ask a question please press the star then the number one on your telephone keypad if you would like to withdraw your question please press the pound key thank you at this time For opening remarks and introductions, I would like to turn the call over to David Brunson, Neonodes Head of Investor Relations. David, please go ahead and start the conference.

Welcome and thank you for joining us. On today's call, we will review our fourth quarter and full year 2021 financial results and provide a corporate update. Our update will include details of our business strategies, customer activities, and other items of interest. On today's call is our CEO, Urban Forsell, our CFO, Frederick Nyland, and our Director of Marketing, Alana Gordon. Frederick will present the financial results of the company for the fourth quarter and full year 2021. Urban will comment on overall strategies, customer activities, and other market opportunities. Alana will give insights into the work we do to strengthen our brand, create demand for our products and solutions to grow our sales. Before we continue this presentation, I'd like to make the following remarks concerning forward-looking statements. All statements in this conference call other than historical facts are forward-looking statements. The words anticipate, believe, estimate, expect, tend, will, guides, confidence, targets, projects, and other similar expressions typically are used to identify forward-looking statements. These forward-looking statements do not guarantee future performance that may involve or be subject to risks, uncertainty, and other factors that may affect Neonode's business, financial position, and other operating results. Such risks, which include but are not limited to the risk factors and other qualifications contained in Neonode's annual report on 10-K, quarterly reports on 10-Q, and other reports filed by Neonode with the SEC, to which your attention is directed. Therefore, actual outcome and results may differ materially from what is expected or implied by these forward-looking statements, even though it expressly disclaims any intent or objection or obligation to update these forward-looking statements. I will now give the presentation over to Urban, who will describe the highlights of today's presentations. Urban, please go ahead.

Thank you, Dave, and welcome to this call also from my side. Highlights of today's presentation. Like many companies, we experienced continuing headwinds during the fourth quarter due to the COVID-19 pandemic. Lockdowns and travel restrictions slowed our sales and hindered our business development work. Several of our customers also had to navigate supply chain challenges due to lack of semiconductor components, which also affected our sales negatively. Some of these issues started to diminish at the end of the year and our life and revenues rebounded nicely. We also grew our sales pipeline with several new interesting opportunities in all three regions we are active in, APAC, UMEA and Americas. We continue to navigate the challenges the pandemic brings with a focus on growing our business and work relentlessly with continued improvements in all areas of the business to strengthen our competitiveness. We feel we are very very well positioned to grow our product business and also to revitalize and grow our MRE and licensing business during 2022 and the years to come. Elena and I will return to these topics later in the presentation. And now without further ado, I'll give the word to Fredrik who will present the financial results for the fourth quarter and the full year 2021. Fredrik, please go ahead.