PodcastOne, Inc.

Hello and thank you for standing by. My name is Regina and I will be your conference operator today. At this time, I would like to welcome everyone to Podcast One's third quarter 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, simply press star then the number one on your telephone keypad. To withdraw your question, press star 1 again. I would now like to turn the conference over to Ryan Carhart, Chief Financial Officer. Please go ahead.

Good morning and welcome to Podcast One's fiscal third quarter 2026 conference call. The earnings release, which we issued this morning, is available on our website at ir.podcastone.com under the News and Press Release tab. During today's presentation, all participants will be in listen-only mode. Following the presentation, we will have a question and answer session. On the call today is Kit Gray, president and founder of Podcast One, and myself, Ryan Carhart, chief financial officer. I would like to remind listeners that some of the statements made on today's call are forward-looking and based on current expectations, forecasts, and assumptions that involve various risks and uncertainties. Actual results may differ materially. Please refer to Podcast 1's filing with the SEC for information about factors which could cause actual results to differ materially from these forward-looking statements. Reconciliations of non-GAAP financial measures to the most comparable GAAP financial measures discussed today are available in the company's earnings release on the Investor Relations website. This discussion, including responses to questions, contains time-sensitive information and reflects management's view as of February 12, 2026. Except as required by law, the company does not undertake any obligation to update this information after today's call. This call is being recorded and will be available via webcast replay on Podcast One's Investor Relations website shortly following the conclusion of the call. Redistribution without the company's express written consent is strictly prohibited. With that, I would now like to turn the call over to Podcast One's president, Kit Gray.

Thank you, Ryan, and welcome to our fiscal third quarter 2026 earnings call. As a reminder, our fiscal year begins on April 1st. This quarter was defined by strategic partnerships, long-term talent renewals, and meaningful expansion of our own and original content network. Podcast One continues to distinguish itself as the leading pure play podcasting platform in the public markets through a vertically integrated model that combines talent development, content creation, distribution, analytics, and monetization and operational efficiencies, all strengthened by our AI-powered infrastructure. Our AI toolkit continues to enhance performance across every aspect of the business. Flight Path drives predictive profitability, booster scales advertising management and proposal recommendations. Adobe Audition ensures best-in-class audio quality. PodEngine supports discoverability through SEO and insights. Magellan AI powers advertising attribution and Opus Pro converts long form video into short form content that fuels audience growth across platforms. Our team consistently uses AI-based search components to discover new talent, match trending topics to specific content created on our programs, and more. These tools directly support how we grow shows, monetize audiences, and operate more efficiently at scale. This quarter, we announced one of the most significant strategic initiatives in Podcast One's history through our partnership with Dr. Phil's Envoy Media Company. Together, we are launching a new podcast-based original and own content network anchored by the all-new daily Dr. Phil podcast. This initiative expands Podcast One beyond traditional podcast distribution into a true multi-platform owned media, reinforcing our position as a content network rather than simply a podcast publisher. We also proudly renewed Lady Gang in a multi-year agreement. This year marks 10 years of podcasting, 1,000 episodes, and over 300 million downloads. Few podcasts in the industry demonstrate that level of longevity and audience loyalty. In health and wellness, the Dr. Gundry Podcast continues to be a standout performer with 18 million all-time downloads across 548 episodes, educating millions globally on gut health, nutrition, and longevity through science-backed insights. This show exemplifies the long-tail value of evergreen, expert-driven content. Additionally, we renewed The Adam Carolla Show in a multi-year agreement with the show now joining the Megyn Kelly channel on SiriusXM, extending its reach into new distribution channels and audiences. Further strengthening our slate, we renewed Bitch Bible, Some More News, and The Prosecutors, and acquired For Your Amusement in a multi-year agreement, expanding both genre diversity and monetization opportunities across the network. We also signed a multi-year partnership with AIDrivenListener.com, further advancing our data and audience intelligence capabilities. Our monetization engine continues to show measurable progress. Podroll revenue increased more than 5% quarter over quarter, reflecting growing adoption of our dynamic ad marketplace by brands and agencies seeking efficient access to premium podcast inventory at scale. This growth, paired with our talent renewals and own content strategy, continues to move Podcast One into a higher revenue tier and reinforces the scalability of our platform. Lastly, Paramount's recent acquisition of Varnum Town from Podcast One for development as a streaming project underscores the strength of Podcast One's original IP and storytelling slate. Brian, back to you for financial results.