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Strategy Inc
8/9/2023
Good day and thank you for standing by. Welcome to the Q2 2023 Sarcos Technology and Robotics Corporation earnings call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1 1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1 1 again. please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Mariah Shilton.
Thank you, operator.
Good afternoon, everyone, and welcome to the Sarkozy Technology and Robotics Corporation second quarter 2023 earnings call. Joining us on the call this afternoon are Sarkozy interim president and chief executive officer, Laura Peterson, and Chief Financial Officer Drew Hamer. Laura will start the call with a discussion of business highlights from the second quarter and recent events. And Drew will then talk in more detail about the financial results before management takes questions from analysts. Before we begin, we must state that today's call will contain forward-looking statements, including statements concerning future commercial production and availability of our products, product features and capabilities, target markets and market trends, size and expectations, customer demand and future financial results, condition and cash flows, including future revenues, costs and cost trends, cash usage, restructuring charges, and liquidity. These statements represent management's beliefs and expectations as to future events as of today, but there are many risks and uncertainties that could cause actual results to differ from what we have projected. Among those risks and uncertainties are those described in our report on Form 10-Q filed today with the SEC and those mentioned in today's earnings press release. We encourage you to review the risks and uncertainties described in this press release and 10-Q and in our other filings with the SEC for further information regarding these actual and potential risks and uncertainties. We also encourage you to review the special notes regarding forward-looking statements included in our earnings release and 10Q for the second quarter 2023, filed with the SEC this afternoon, and which will be posted in the investor section of our website at sarcos.com and on the SEC's website. In addition, we will be discussing certain non-GAAP financial measures on our call today. Throughout this call, all financial measures will be GAAP, unless otherwise noted. Reconciliation of any non-GAAP measures to the most directly comparable GAAP measures as well as the description, limitations, and rationale for such measures are included in the earnings release filed with the SEC this afternoon, and which is available on our website and on the SEC's website. A recording of this call will also be available on our website until September 9th, 2023. The information that we're giving on the call is as of today's date, and we undertake no obligation to update the information subsequently, except as may be required by law. At this point, I'd like to turn the call over to Laura Peterson, interim president and CEO of Sarkos.
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