Smith Micro Software, Inc.

Good day and welcome to the Smith Micro first quarter 2025 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. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your touch tone phone. To withdraw your question, please press star then two. Please note this event is being recorded. I would now like to turn the conference over to Charles Messman, Vice President, Marketing. Please go ahead.

Thank you, Operator, and good afternoon, everyone. We appreciate you joining us today to discuss Smith Micro's software financial results for the first quarter ended March 31, 2025. By now, you should have received a copy of the press release with the financial results. If you do not have a copy and would like one, please visit the investor release section of our website at www.smithmicro.com. On today's call, we have Bill Smith, our Chairman of the Board, President and Chief Executive Officer, and Jim Kempton, our Chief Financial Officer. Please note that some of the information you will hear today during today's call discussion consists of forward-looking statements, including without limitations, those regarding the company's future revenue and profitability, our plans and expectations, new product development and availability, new and expanded market opportunities, future product deployments, growth by new and existing customers, operating expenses, and company cash reserves. Forward-looking statements involve risk and uncertainties, which could cause actual results or trends to differ materially from those expressed or implied by our forward-looking statements. For more information, please refer to the risk factors included in our most recent file, Form 10-K. Smith Micro assumes no obligation to update any forward-looking statements, which speaks to management's belief and assumption only as of the date they are made. I want to point out in our forthcoming prepared remarks, we will refer to specific non-GAAP financial measures. Please refer to the press release disseminated earlier today for reconciliation of these non-GAAP financial measures. With that said, I'll turn the call over to Bill. Bill?

Thanks, Charlie. Good afternoon, and thank you for joining us today for our first quarter 2025 conference call. We appreciate your interest. Throughout the first quarter and today, we have been extremely busy on several fronts. Most notably, we have been executing on the new initiatives we discussed on our last call with a keen focus on Safe Path OS for kids' phones and senior phones and on our Safe Path Kids Great Plan solution. We have engaged in extensive discussions with current and prospective mobile operator partners regarding these solutions, which align with the operator's core business strengths and objectives, selling devices and rate plans and adding subscribers. Our focus on Safe Path OS for kids and senior phones and on our Safe Path Kids rate plan solution has also broadened our reach into the carrier's organizations, which we believe will position us to be more strategically aligned with their long-term vision. I remain very confident about where we stand today, and I am pleased with the reception we are getting in the market. I am optimistic about closing new customer deals and expanding agreements with our current customer base in the coming weeks and months for our new and expanded offerings. It is an exciting time for us here at Smith Micro. As we've seen over the years, the process of selling, contracting and launching new offerings with mobile operators can take longer than we would like given the size and complexity of our customer organizations. But we are making good, steady progress. I am as confident as ever that we will get them to the finish line, building on the strong global demand for digital family safety solutions that we believe present immense opportunities for Smith Micro and our shareholders. As excited as we are, about delivering our latest solutions, we also continue to keep an eye on the future with a continual focus on innovation. Our SafePath platform product roadmap is aimed at ensuring that we and our operator customers will be able to offer cutting edge solutions that families want. Our latest round of development efforts will culminate in the release of SafePath 8, the next generation of our SafePath platform. This upgrade will introduce an AI-centric set of features and capabilities that will enhance our platform to better serve our markets and elevate our core solution to a new level of performance. Later in the call, I will provide more detail on Safe Path 8, as well as updates on some of our key customers and opportunities. But first, let's go ahead and turn the call over to Jim to discuss our financial results.