Smith Micro Software, Inc.

Good day and welcome to the Smith Micro first quarter 2026 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 touchtone phone. To withdraw a question, please press star then two. Please note this event is being recorded. I would now like to hand the conference over to Charlie Messman. Please go ahead.

Thank you, operator. And we appreciate you joining us today to discuss Smith Micro Software's financial results for the first quarter of 2026. 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 relations section of our website at www.smithmicro.com. On today's call, we have Bill Smith, our executive chairman of the board, Tim Huffmeyer, our President and CEO, and Bethany Braun, our Chief Financial Officer. Please note that some of the information you'll hear during today's discussion consists of forward-looking statements, including without limitations, those regarding the company's future revenue and profitability, our plans and expectations, 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 recently filed Form 10-K. Smith Micro assumes no obligation to update any forward-looking statements, which speak of management's beliefs and assumptions only as 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 our 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, and thank you for joining us today for our first quarter 2026 conference call. We accomplished several key initiatives during the first quarter, positioning us for a solid fiscal 2026. First, we signed a contract with the first of the two new carrier customers I mentioned on our last call. Second, we completed the implementation of our executive succession plan with Tim now serving as CEO, Bethany as CFO, and me as executive chairman. This transition has been seamless, and we are optimistic as ever about the company's future with a great team leading the charge. And third, we made great progress on the sales front as our pipeline now shows exponential growth with both new carrier customers that are yet to be announced as well as expansion with current customers. I truly believe we have now turned the corner and are set for a return to growth and profitability. As such, I want to reiterate our Q2 outlook from our last call. We believe that we are looking for strong top line growth in Q2, which will in turn result in a non-GAAP black number on the bottom line. Furthermore, we believe we will continue to deliver strong revenue growth and growing profitability for the remainder of fiscal 2026. This revenue growth in 2026 should lead to renewed cash generation. Success in 2026 should lead to a very strong 2027. In addition to growing revenues, we have continued to reduce both our cost of goods sold as well as our overall operating expenses. And we believe this trend will continue throughout. We have been able to achieve these reductions through enhanced operational efficiency, streamlined operations, and better aligned resources to accelerate innovation and bring our solutions to market more quickly. Overall, I am extremely excited about the changes we have made across the organization and now have positioned Smith Micro for success. Our strategic shift to focus beyond traditional value-added services is working. Across our customer base, the family market has become a much higher priority from the top down, creating what we believe to be significant expanded opportunities for Smith Micro around the world. With that said, and before Tim provides the business update, let's turn the call over to Bethany for the financial update. Bethany?