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Synergy CHC Corp.
4/1/2026
Good morning, everyone, and thank you for participating in today's conference call to discuss Synergy CHC Corporation's financial results for the fourth quarter and full year-ended December 31, 2025. Joining us today are Synergy's CEO, Jack Ross, CFO, Jamie Fickett, and Greg Robles with Investor Relations. Following their remarks, we'll open the call for analyst questions. Before we go further, I'd like to turn the call over to Mr. Robles as he reads the company's safe harbor statement.
Thanks, Liz. Good morning, and thanks for joining our conference call to discuss our fourth quarter and full year 2025 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 guaranteed with 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. Good morning, everyone. Thank you for joining us today to discuss Synergy's performance for the fourth quarter and full year of 2025. While 2025 was a year of transition in many areas of our business, it was also a year of meaningful strategic progress that sets an important foundation for sustainable long-term growth. Before discussing our performance, I want to briefly address the AK we filed regarding our international license agreement covering the UAE and Turkey. As many of you recall, in mid-25, we expanded our international license partnership to include UAE, and Turkey for a baseline licensing fee with additional royalties tied to product performance. However, the licensee has elected to terminate the agreement, giving the increasing instability and uncertainty across the region. As a result, the $2.5 million licensing revenue associated with the agreement had to be reversed in the fourth Sorry, guys, I have technical difficulties here. Just one second. Okay. Well, unfortunately, This outcome reflects the macro volatility outside of our control rather than any change in our conviction around the potential of focus factor internationally. We continue to view the UAE and Turkey as an attractive multi-year growth market for both our supplements and functional beverages. The groundwork we laid in 2025 hasn't been lost. The demand remains intact. The brand is strong in our international market. our strategy continues to be focused on scalable capital efficient expansion. Before I turn the call over to Jamie, I want to touch on another development that further supports our international growth strategy. During 2025, we established our wholly owned subsidiary in Mexico. And in December, we initiated our first product shipments to Costco Mexico. On the beverage side of our business, During the first quarter of 2026, we have generated over $600,000 in gross revenue, surpassing the entire 2025 revenue, which now equates to $2.5 million run rate for 2026. We have shipped our focus in energy RTDs and shots to new key distribution locations, including EG of America, the parent company of Cumberland Farms, convenience stores, Wake Fern Foods, Indian Nation Wholesale, McCool Distributors, Mancini Beverages, Tennis Incubation, and Pine State Beverages, to name a few. We have millions of cans of RTEs and shots in stock and ready to ship, and we expect 2026 to be a foundational growth year for our beverage division. We continue to execute on our supplement side as well, having just shipped three new SKUs to all 1600 Kroger locations. One initiative that we did not achieve in 2025 was turning back on the TV advertising, which is hugely important for our existing store growth. We will be diligently working towards executing this in 2026 to drive same store growth within our key retailers. If the results that we achieved in the past hold true, we expect to see at least a 15% lift in same-store sales once the TV advertising is up and running. With those updates, I'd like to turn the call over to our Chief Financial Officer, Jamie Figet. Jamie?
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