SKYX Platforms Corp.

Good day and welcome to SkyX Platform's fourth quarter 2025 earnings conference call. All participants will be in listen-only mode. Should you need assistance, please signal a consent specialist by pressing the star key followed by zero. Before we begin, I would like to remind everyone that statements made during this conference call that are not historical facts are forward-looking statements. These statements are based on current expectations and assumptions. and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Forward-looking statements may include but are not limited to statements regarding our anticipated financial performance, growth strategy, market opportunities, product development, commercialization efforts, regulatory developments, and expected future events. Additional risks and uncertainties are described in the company's filings with the U.S. Securities and Exchange Commission, including the most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q. We undertake no obligation to update any forward-looking statements except as required by applicable law. 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 2. Please note this event is being recorded. I would now like to turn the conference over to Ronnie Cohen, Founder and Executive Chairman. Please go ahead.

Good afternoon. Thank you for joining us, Sky X Platforms. We will give you today an overview starting with our President, Steve Schmidt. and then moving forward to our CEO, Lenny Sokolow. Steve, please go ahead. Thank you.

Great. Hey, Ronnie, thank you very much, and it's great to be with you here this afternoon. Let me start with, as we've mentioned and most industry experts know, the lighting and home decor markets, along with the new home building, have been in decline for the past few years. But despite this, Sky, through our technology and versatility of products, continues to grow. And so let's talk about the growth that we continue to demonstrate. First, on the financial side. First, we're reporting another record quarter revenue with $25 million in Q4, demonstrating eight consecutive quarters of year-over-year growth with annual record revenue of $92 million in 2025, compared to 86 million in 2024 as we continue to grow our market penetration. Gross profit increased to 28 million in 2025 compared to 25 million in 2024 representing a 3 million or 13% increase. Operating cash used in 2025 amounted to $13 million compared to 18 million in 2024 representing a 5 million or 27% reduction in cash used in operating activities. And as we've announced prior, we have raised $29 million in Q1, 2026 through investments from fundamental institutions. So now on the business front, a lot of initiatives and a lot of key things to report. We announced collaboration with NVIDIA AI Ecosystems Connect Program, which will grow our collaboration with NVIDIA into future smart home projects. We announced the launch of our Advanced Sky Fan and Turbo Heater on our e-commerce platform with 60 websites, iStopLighting.com, and U.S. leading retailers, including Home Depot, Target, Lowe's, and Walmart. Based on the growing sales of our patented Turbo Heater Fan, SkyX is expanding the category of the all-season ceiling fan heat in winter and cool in summer category, which will result in additional products in new design and larger sizes. Next, we expect to continue to grow all of this in 2026 to advance our path to becoming cash flow positive. As we've mentioned in prior calls, we're very excited on the hotel and building area, and we hope to share more on this in the next few quarters. Our enhanced safety code standardization team continues its progress towards its goal of a safety mandatory standardization in homes and buildings of its life-saving ceiling outlet receptacle technology. Next, we expect to supply our advanced and smart home technologies to upcoming and future key projects in the U.S. and globally, including in New York, North Carolina smart home community, Austin, Texas, San Antonio, Texas, South Florida, including Miami, Florida, the new $4 billion smart city, Saudi Arabia, Egypt, among other areas. Next, we expect to deploy over 1 million units of our advanced and smart home plug-and-play technologies during the course of these projects. We continue to grow our market penetration and expect to deploy over 100,000 of our products into homes and units by the end of 2026 through the retail and pro segments. Our technologies expansion provides additional opportunities for future recurring revenues through interchangeability, upgrades, AI services, monitoring, subscriptions, and more. Finally, we'll be launching a new AI-driven software in 2026 for our e-commerce platform of 60 websites, which is expected to increase our conversion rate and sales up to 30%. So a lot of progress on all fronts and a lot more to come. So with that, let me turn the call over to our CEO, Len Sokolow, who will give you more clarity on the financials and some of the business details. Len, all you.