Synergy CHC Corp.

Good morning, everyone, and thank you for participating in today's conference call to discuss Synergy's CHC Corp's financial results for the fourth quarter and year ended December 31st, 2024. Joining us today are Synergy's CEO, Jack Ross, CFO, Jamie Fickett, and Greg Robles of Investor Relations. Following their remarks, we'll open the call for analyst questions. Before we go further, I would like to turn the call over to Mr. Robles as he reads the company's safe harbor statement.

Greg, please go ahead. Thanks, Operator. Good morning, and thanks for joining our conference call to discuss our fourth quarter and full year 2024 financial results. I'd like to remind everyone that this call is available for replay and via a live webcast that will be posted on our Investor Relations website at investors.synergychc.com. The information on this call contains forward-looking statements. These statements are often characterized by terminologies such as believe, hope, may, anticipate, expect, will, and other similar expressions. Forward-looking statements are not guarantees of future performance, and the actual results may be materially different from the results implied by forward-looking statements. Factors that could cause results to differ materially from those implied herein include, but are not limited to, those factors disclosed in the company's SEC filings under the caption risk factors. The information on this call speaks only as of today's date, and the company disclaims any duty to update the information provided herein. Now, I would like to turn the call over to the CEO of Synergy, Jack Ross.

Jack? Thank you, Greg. Thank you, and good morning, everyone. Thank you for joining us today to discuss Synergy's performance of the fourth quarter and full year of 2024. Before diving into the results, I'd like to address the 8K filing we filed in conjunction with the earnings release. We are excited to announce the appointment of Jamie Fickett as our new permanent chief financial officer. Jamie has been with Synergy for over 10 years. She's previously served as the CFO of Focus Factor from 2006 until the acquisition of the brand in 2015. Her extensive financial expertise and deep knowledge of our business has been invaluable and we are confident in our ability to lead the financial strategy moving forward. Now turning to the performance. We are pleased to report another fantastic year. We had another full year of profitability marking our eighth consecutive profitable quarter, a testament to the strength of our business model and dedication of our team. As we mentioned in our last earnings call, Our fourth quarter results would be impacted by the same retailer de-inventory situation related to the rebranding of our focus factor products. This initiative required retailers to clear out existing inventory before restocking and the updated packaging, which impacted short-term demand. I'm happy to report that this process is now behind us and we expect Synergy to return to both top line and bottom line growth in 2025. Looking back at 2024, we took many important steps to position Synergy for long-term growth and success. We successfully completed our listing on the NASDAQ, raising over $6.2 million in net proceeds, and we finalized our rebranding of the Focus Factor brand, which we hadn't done since 2015. We also expanded our retail partnerships and footprint by adding 267 BGA wholesale clubs and 1200 public supermarkets to our distribution network. Our products are now available in all their locations, significantly enhancing our market reach. Furthermore, we conducted another successful ready-to-drink product test in Canada, yielding very strong results and bolstering our confidence in this emerging product line. 2024 was a year of strategic transformation and solid execution. We strengthened our financial position Successfully rebranded Focus Factor and with strategic growth initiatives already underway, we are well positioned to drive sustainable growth and create long-term value for our shareholders. Before passing the call over to Jamie, I want to highlight a few key initiatives that we believe will drive growth in 2025. We continue to focus on organic growth by developing and launching new products. In the first quarter of 2025, we've already launched seven new products under our Flat Tummy brand in response to the growing interest in GLP-1 support products. Second, we are aggressively working to expand our distribution for our RTD beverages and shots following the successful tests in Canada and the Texas region, which should start seeing significant results early in the second quarter. We expect to be operating in three major new international markets in 2025. With that, I'd like to turn the call over to our Chief Financial Officer, Jamie Fickett. Jamie?