Playboy, Inc.

Good afternoon, everybody, and welcome to PLBY Group's second quarter 2024 earnings conference call. Hosting today's call are Ben Cohn, Chief Executive Officer, and Mark Crossman, Chief Financial Officer and Chief Operating Officer. The company will be hosting a question and answer session today. To join the queue, please press star 1 on your telephone keypad. The confirmation tone will indicate your line is in the question queue. You may press star 2 if you would like to remove your question from the queue. And for participants using speaker equipment, it may be necessary to pick up your headset before pressing the star keys. While we wait for the queue to fill, I would like to hand the call over to Matt Chesler from the Investor Relations team. Please go ahead.

Thank you, Operator, and good afternoon. I'd like to remind everyone that the information discussed today is qualified in its entirety by the form 8-K filed today by PLBY Group, which may be accessed on the FNC's website and PLBY Group's website. Today's call is also being webcast, and a replay will be posted to the company's investor relations website. Please note that statements made during this call, including financial projections or other statements that are not historical in nature, may constitute forward-looking statements. Such statements are made on the basis of PLBY Group's views and assumptions regarding future events and business performance at the time they are made, and we do not undertake any obligation to update these statements. Forward-looking statements are subject to risks, which could cause the company's actual results to differ materially from historical results and forecasts, including those risks set forth in the company's filings with the SEC, and you should refer to and carefully consider those for more information. This cautionary statement applies to all forward-looking statements made during this call. Do not place undue reliance on any forward-looking statements. During this call, the company may refer to non-GAAP financial measures. Such non-GAAP measures are not prepared in accordance with generally accepted accounting principles. A reconciliation of non-GAAP financial measures to the most directly comparable GAAP measures is available in the earnings release. CLB Group filed with its form 8K today. And with that, I'd like to hand the call back over to the operator to begin the Q&A session. Operator?

Thank you. As a reminder, it is star 1 on your telephone keypad. Our first question is from Jason Tilchen with Canaccord Genuity. Please proceed.