Outdoor Holding Company

Ladies and gentlemen, thank you for standing by. Good afternoon and welcome to the AMO, Inc. fiscal second quarter 2023 earnings call. At this time, all participants are in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad. To withdraw your question, please press star, then two. Participants of this call are advised that the audio of this conference call is being broadcast live over the Internet and is also being recorded for playback purposes. I would now like to turn the call over to Matt Blasey of CoreIR, the company's investor relations firm. Please go ahead, sir.

Good morning, and thank you for participating in today's conference call. Joining me from AMLO's leadership team are Fred Weidenhals, Chairman and Chief Executive Officer, Rob Wiley, Chief Financial Officer, and John Flynn. During this call, management will be making forward-looking statements, including statements that address AMLO's expectations for future performance or operational results. Forward-looking statements involve risks and other factors that may cause actual results to differ materially from those statements. For more information about these risks, Please refer to the risk factors described in AMO's most recently filed periodic reports on Form 10-K and Form 10-Q, the Form 8-K filed with the SEC today, and the company's press release that accompanies this call, particularly the cautionary statements in it. Today's conference call includes non-GAAP financial measures that AMO believes can be useful in evaluating its performance. You should not consider this additional information in isolation or as a substitute for results prepared in accordance with GAAP. For a reconciliation of this non-GAAP financial measure to net loss, its most directly comparable GAAP financial measure, please see the reconciliation table located in the company's earnings press release. The content of this call contains time-sensitive information that is accurate only as of today, November 14, 2022. Except as required by law, AMA disclaims any obligation to publicly update or revise any information to reflect the venture circumstances that occur after this call. It is now my pleasure to turn the call over to Fred Lagamose.

Thanks, Matt. Hello to everyone, and thanks for joining the call. I'm going to talk for a few minutes about where our company stands today and what we see moving forward through the end of our March 31st fiscal year and into next year. Last quarter was equal parts exciting and challenging. We find ourselves in a tough market at this time. We have negative political macro economics at home and abroad, political pressures, huge inflation drives, and a domestic and global recession. This means the board, our management team, and the entire ammo family must be on top of our game. The domestic and international supply chain remains challenging. components costs appear to be lowering in some respects, but remain volatile. And the inflation recession double shot is hitting the shooting sport industry squarely in the chops. And that is being felt on the manufacturing and marketplace side of our business. But even skimming the earnings report, of our peers will show the same type of challenges being faced by all. I also don't point this out as an excuse. The management team of ammo families with our board assistance and guidance are remaining focused on driving innovation and increasing value through the more shelf space, sales, and more gunbroker.com users. With the war in Ukraine entering its ninth month with no indication it is slowing down, we are seeing increased export opportunities each week as our European allies focus of their ammunition capacity on maintaining a strong defense posture at home. While supporting the Ukrainian people's fight, just as AMO did when the war broke out, and as our U.S. government continues at this time. The new plant is humming with its ribbon-cutting ceremony a few months ago in Wisconsin. We are increasing capacity across the board and are in a position to support the domestic and expanding overseed ammunition demand. Our military programs are moving at light speed, relative to government procurement timelines. The ballistic match program and the signature on target programs remain on course and continue to meet the tough timelines and production requirements rightfully imposed by our military partners in the U.S. and overseas. And we hope to have additional information to share with you shortly on that important aspect of our business. It is also important to keep in mind that our newly opened plant was designed to provide loaded ammunition production up to one billion rounds, while also ensuring we could support the cutting-edge military programs we are currently proud to manage and answer the bell when the military asks a select few about the possibility development of ammunition never deployed before on any front. On the marketplace side of our business, we are finally putting in place a host of leveraging features on gunbroker.com that we identified as drivers for the acquisition a couple of years ago when the business was targeted by our management and our board. The implementation of these features in technology complex, but each are exciting and all will expand market share and drive shareholder value. John will touch on some of these developments on both sides of our business when he speaks in a few minutes. Rob Wiley, CFO, will also talk through the past quarter's numbers. The Q doesn't meet our financial performance standards. but it is also tracking in most respects with VISTA, Olin, and our other peers based upon public available information and management discussions with colleagues across the industry. In speaking to you today, my goal is to make certain our shareholders and the markets are informed and aware of all of our corporate developments. the progress we have seen to date, and how we are identifying and responding to the current market challenges. We will continue to do so in order that everyone can understand our performance to date and develop their own clear picture of the opportunities we present at Ammo Incorporated. I would once again like to extend my personal appreciation to all our shareholders, customers, employees for their support to our company during these exciting times. COVID never stopped us, political unrest didn't disrail us, and we are all just surviving a midterm stronger. We will continue to expand the capacity out of our new Wisconsin plant to address the domestic and export demands, support our military, and move as quickly as possible in improving the GunBroker.com marketplace experience through better customer treatment and leveraged revenue drivers, all of which makes its way down to the bottom line for the benefit of our shareholders. Now I would like to turn the call over to Rob Wiley, our CFO. Rob will provide additional color and details on our company's financial performance through the past quarter. Thank you, Fred.