Natural Health Trends Corp.

Greetings and welcome to the Natural Health Trends Corp. First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. If anyone should require operator assistance, please press star zero on your telephone keypad. And as a reminder, this conference is being recorded. It is now my pleasure to introduce to you Michelle Godwell with Natural Health Trends Corp. Thank you. You may begin.

Thank you, and welcome to Natural Health Trends' first quarter 2025 earnings conference call. During today's call, there may be statements made relating to the future results of the company that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results, performance, or achievements can differ materially from those anticipated in such forward-looking statements through the results of certain factors, including those set forth in the company's filings with the Securities and Exchange Commission. It should also be noted that today's call will be webcast live and can be found on the investor section of the company's corporate website at naturalhealthtrendscorp.com. Instructions for accessing the archived version of the conference call can be found in today's financial results press release, which was issued at approximately 9 o'clock a.m. Eastern Time. At this time, I'd like to turn the call over to Chris Sharn, President of Natural Health Trends.

Thank you, Michelle. And thanks to everyone for joining us this morning to discuss our first quarter of 2025 financial results. With me today is Scott Davidson, our Senior Vice President and Chief Financial Officer. During the first quarter, revenue was $10.7 million, a 2% decrease compared to the first quarter of 2024, attributable to the timing of our incentive calendars between the two periods. However, We managed to sequentially increase our orders taken by 9% over the fourth quarter of 2024, demonstrating sustained interest for our products. The first quarter extended our positive progress in the second half of 2024. In China and Hong Kong, we completed a nice city roadshow, marketing our wellness products with expert insights from Dr. Lyle Wilson. We also introduced new additions to our Twin Slim weight management line, Twin Slim Coffee and Twin Slim Tomato Soup, both of which received strong feedback from customers and field leaders. In April, we hosted nearly 200 qualifiers on an incentive trip to Paris, where they enjoyed cultural and culinary experiences that strengthened team camaraderie. In March, we opened our new office in Bogota, Colombia. This facility will serve as the central hub for our newest market, delivering customer services and showcasing our brand and products. As soon as the first quarter was behind us, the international trade environment changed significantly. While the impact is difficult to gauge, with the support of our product partners, we are actively working to streamline our supply chain, bring manufacturing closer to our primary markets in Asia, and simplify logistics to weather the uncertainty and improve our long-term efficiency. With that, I'd like to turn the call over to our CFO, Scott Davidson, to discuss our financial results in greater detail. Scott? Thank you, Chris.