PodcastOne, Inc.

Thank you for standing by. Welcome to Podcast One Q2 Fiscal 2026 Financial Results and Business Update 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. If you would like to ask a question during this time, please press the star followed by the number one on your telephone keypad. If you would like to withdraw your question, please press the star one again. Thank you. I would now like to turn the conference over to Ryan Carhart, Chief Financial Officer. Please go ahead, sir.

Good morning, ladies and gentlemen. Thank you for standing by. Welcome to Podcast One, Fiscal Second Quarter 2026, Business Update and Financial Results Conference Call and Webcast. During today's presentation, all parties will be in a listen-only mode. Following the presentation, the conference will be open for questions. On our call today is Kit Gray, president and founder of Podcast One, myself, Ryan Carhart, chief financial officer. I would like to remind you that some of the statements made on today's call are forward-looking and are based on current expectations, forecasts, and assumptions that involve various risks and uncertainties. These statements include, but are not limited to, statements regarding the future performance of the company, including expected future financial results and expected future growth in the business. Actual results may differ materially from those discussed on this call for a variety of reasons. Please refer to Podcast One's filings with the SEC for information about factors which could cause the company's actual results to differ materially from these forward-looking statements. You will find reconciliations of non-GAAP financial measures to the most comparable GAAP financial measures discussed today in the company's earnings release, which is posted on its Investor Relations website. The company encourages you to periodically visit its investor relations website for important content. The following discussion, including your responses to your questions, contains time-sensitive information and reflects management's view as of the date of this call, November 11, 2025. And, except as required by law, the company does not undertake any obligation to update or revise this information after the date of this call. I'd like to highlight to investors that this call is being recorded. Podcast One is making it available to investors and the media via webcast, and a replay will be available on Podcast One's IR website in the events section shortly following the conclusion of the call. Additionally, it is the property of the company and any redistribution, retransmission, or rebroadcast of the call or the webcast in any form without the company's express written consent is strictly prohibited. Now, I would like to turn the call over to Podcast One's President, Kit Gray.

Thank you and welcome to our Fiscal Second Quarter 2026 Earnings Call. As a reminder, we are not on a calendar reporting year, and our fiscal year 2026 starts on April 1st. Today, I'll provide an overview of Podcast One, share key highlights from the quarter, and discuss how our AI-powered platform continues to drive innovation, growth, and monetization across the network before turning the call over to Ryan for financial results. Finally, we'll open it up for Q&A. We're thrilled to report a strong fiscal second quarter, demonstrating the power of our AI-driven platform to scale revenue, expand audience reach, and support our creators in delivering outstanding content. Podcast One continues to stand out as the leading pure play podcasting platform in the public market. Our vertically integrated approach from talent development and content creation to distribution, analytics, and monetization is by advanced AI tools that enhance efficiency and performance across every aspect of our business. Our AI toolkit is at the heart of this growth. Flight Path leverages predictive analytics to optimize profitability. Booster powers our advertising management, including a proposal recommendation engine that scales our ad revenue efficiently. Adobe Audition ensures superior audio quality through AI-driven noise and speech cleanup. Opus Pro turns long-form video into shorts with a single click, boosting audience engagement across platforms. We also continue to attract high-caliber creators who recognize the strength of our platform. One of our recently acquired shows shared when the host asked ChatGPT which podcast network would be the best fit for her show, Podcast One was the top recommendation. A great example of how our reputation and AI-driven innovation are resonating across the industry. Momentum remains strong and meaningful growth across multiple revenue channels. PodRoll, our dynamic ad marketplace, generated a 71% increase, which nearly tripled since last year, underscoring its rapid adoption and scalability. This is now a seven-figure revenue-generating tool for our podcast. Our creator monetization initiatives continue to perform exceptionally well. Adam Carolla's subscription and video channel spanning YouTube, Rumble, and Apple Plus rose 51% from last quarter, highlighting strong audience engagement and demand. Overall, we achieved a record high total revenues for the quarter, marking a significant milestone for Podcast One. Additionally, Programmatic and Amazon's ART19 revenues saw a 14% increase from Q1. Combined, the growing strength of our ad tech stack, demand from brand partners, and growth in our monthly capacity moved Podcast One to a higher revenue tier. Podcast One continues to attract high-profile talent and shows. This quarter, we celebrated Adam Carolla's record-breaking 4,000th episode featuring Jay Leno. Other notable guests across the network include Bill O'Reilly, Amanda Knox, Mel Robbins, Charlie Sheen, and more. We also expanded our content portfolio through strategic partnerships and acquisitions, including a new collaboration with media giant BuzzFeed on a brand-new original podcast series, Phone a Fangirl, and the acquisition of Beach Too Sandy, Water Too Wet, and exclusive sales rights to Not Sam Wrestling. Apple Podcasts also selected Pop Apologists for their Creators We Love campaign, a strong recognition of the quality and impact of our content. Our platform empowers creators with end-to-end support, enabling them to focus on producing exceptional content, while our AI-enhanced tools drive discoverability, audience growth, and monetization. From studio access and editing to distribution and marketing, combined with a data-driven sales approach, we ensure both creators and advertisers maximize value on our network. Operationally, this quarter was highly productive. Our AI-powered tools enable more efficient production, editing, and distribution, allowing our creators to focus on high-quality content. Video consumption continues to grow, supported by an expanded distribution across YouTube, Spotify, Apple+, TikTok, Rumble, and Substack. Popular titles like Bitch Bible, Fool Coverage, Pop Apologist, Some More News, The Adam Carolla Show, and You're Welcome experience significant engagement, highlighting the ongoing demand for video-driven podcast content. Now, before going further, I'd like to turn the call over to Ryan, our CFO, to walk through the financial results for the fiscal first quarter. Ryan?