Shift Technologies, Inc.

Good afternoon and welcome to the SHIFT Technologies second quarter 2023 earnings conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. Please note this event is being recorded. I would now like to turn the conference over to Susan Lewis, Vice President of Investor Relations. Please go ahead.

Good afternoon, and welcome to the Shift Technologies second quarter 2023 earnings call. Joining me on the call today are CEO Eamon Moussa and CFO Oded Shine. During our remarks, we will make some forward-looking statements, which represent our current judgment on what the future may hold. And while we believe these judgments are reasonable, these forward-looking statements are not guarantees of future performance and involves certain assumptions, risks, and uncertainties. Actual outcomes and results may differ materially from what is expressed or implied in any forward-looking statement. Please refer to our filings with the SEC for a full discussion of the factors that may affect any forward-looking statement. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information future events, or otherwise after this conference call. During the course of the call, we will be referring to non-GAAP measures as defined and reconciled in our earnings materials. With that said, I will now turn the call over to Eamon.

Thank you, Susan, and good afternoon, everyone. It's a pleasure to be here and speak with you for the first time as CEO of SHIFT. Today, I would like to spend the majority of our time discussing the future. I will share my observations since I joined SHIFT in June and discuss our strategy to drive significant improvement in our operational and financial performance. And finally, I will provide a brief update on our review of strategic alternatives. Before we discuss those items, Oded will begin by reviewing our second quarter financial results. Note that these results do not reflect how we are thinking about the business as we go forward. Furthermore, they do not reflect the savings from the restructuring announced on July 11th. Oded?