11/9/2021

speaker
Operator
Conference Operator

Greetings, and welcome to Cotient Limited's second quarter business update. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Mr. Peter Buehler, Financial Advisor. Please go ahead, sir.

speaker
Peter Buehler
Financial Advisor

Thank you, Hector. Good morning everyone and welcome to Quotient's business update conference call. Joining me today is Manuel O. Mendes, Chief Executive Officer of Quotient and Ali Kiboro, Chief Financial Officer. Today's conference call is being broadcast live through an audio webcast and the replay of the conference call will be available later today at www.quotientbd.com. During this call, Quotient will be making forward-looking statements including guidance and projections as to future operating results and expected development and commercialization timelines. Because such statements deal with future events, actual results may differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements can be found in quotient filings with the U.S. Securities and Exchange Commission. The forward-looking statements including guidance and projection provided during this call, are valid only as of today's date, and caution assumes no obligation to publicly update these forward-looking statements. As stated in the press release issued yesterday, our Q2 FY22 earnings release is delayed as we are working through a restatement of our previously issued financial statements. We are working through a technical non-cash accounting adjustment related to the historical treatment of our senior secured notes and those associated royalty rights. The estimated impact is anticipated to be low 5% of net loss and total liabilities in each year presented in the FY22 Form 10-K. The financial impact on prior year periods is considered immaterial. With that, I would like to turn the call over to Quotient's Chief Executive Officer, Manuel, to provide you with a business update.

speaker
Manuel O. Mendes
Chief Executive Officer

Thanks, Peter, and good morning, everyone. Thank you for joining us today for our business update. We appreciate your time and interest in Quotient. I'm here joined in Essence in Switzerland by our new CFO, Ali Kiboro. I know you will look forward to meeting with customers, investors, and analysts as you onboard our leadership team. Ali?

Disclaimer

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