3/12/2026

speaker
Operator
Conference Operator

Good afternoon, and welcome to the Senate's Tech Reports Fourth Quarter and Fiscal Year 2025 Financial Results Conference Call. After today's presentation, there will be an opportunity to ask questions. To submit a question, you may type it into the Ask a Question box on the webcast screen. Please note, this event is being recorded. I would now like to turn the conference over to Robert Bloom with Lithum Partners. Please go ahead.

speaker
Robert Bloom
Lithum Partners, Moderator

All right, thank you very much, Operator, and good afternoon, everyone. Welcome to SNES Tech's year-end 2025 Financial Results Conference Call. Joining us today are Dr. Jamie Bechtel, Interim Executive Chair, and Tom Chesterman, Chief Financial Officer. Joel Fruent, the company's President and CEO, was unable to join us today. Earlier today, the company issued its financial results press release for the year-ended December 31, 2025. As the operator indicated at the conclusion of today's prepared remarks, we'll open the call for a question and answer session. If you're listening through the webcast portal and would like to ask a question, again, submit that through the ask a question feature on the webcast player. Before we begin, I'd like to remind everyone that today's call may include forward-looking statements within the meaning of federal securities laws. These statements are based on current expectations and involve risks and uncertainties that They could cause actual results to differ materially from those described. Please refer to the company's SEC filings for a discussion of these risks. The company undertakes no obligation to update forward-looking statements except as required by law. All right, with that said, let me turn the call over to Dr. Jamie Bechtel. Jamie, please proceed.

speaker
Dr. Jamie Bechtel
Interim Executive Chair, SNES Tech

Thanks, Robert. Thank you, Operator. Thank you to everyone who's joining us today. I'm Dr. Jamie Bechtel, and I'm the chair of SNES Tech Sports. As we recently announced, Joel Fruent is retiring following several years of leadership at Synestek. On behalf of the board, I want to thank Joel for his contributions and for helping position the company for the next phase of growth. To support continuity during this transition, the board created the role of interim executive chair, and I was asked to step into that position to help ensure alignment between the board and management while the CEO's search is underway. The transition is planned and orderly, and the business continues to move forward without interruption. The board has initiated a formal search process to identify the company's next CEO. Our focus is on finding the right leader to help scale the business and build on the progress that has been made. In the meantime, the board remains closely engaged with management and focused on execution. Our directors bring experience across areas such as e-commerce, international markets, finance, strategic growth, which we believe will be valuable if the company continues to expand. Importantly, the company's core strategy remains consistent. We are focused on delivering our current initiatives, scaling the areas where we are seeing traction, and maintaining discipline in how we allocate resources. We will continue to keep shareholders informed as the leadership transition progresses. With that, I'll turn the call over to our CFO, Tom Chesterman.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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