SUNation Energy, Inc.

Hello and thank you for standing by. My name is Bella and I will be your conference operator today. At this time, I would like to welcome everyone to SU Nation Energy Third Quarter 2025 Financial Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star then the number 1 on your telephone keypad. To withdraw your question, press star 1 again. I would now like to turn the conference over to David Sullivan, Managing Director of Equity Group. You may begin.

Thank you, Bella. Thank you, everyone, for joining us today for Sun Nation's 2025 Third Quarter Financial Results Conference Call. Our speakers for today are Scott Maskin, Chief Executive Officer, and James Brennan, Chief Financial Officer. Mr. Maskin will open with prepared remarks, followed by a question and answer session. Before we get started, I'd like to remind everyone that prospects at Sun Nation Energy are subject to uncertainties and risks. Remarks on today's call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Act of 1934. The company intends that such forward-looking statements be subject to the safe harbor provisions provided by the foregoing sections. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained during this call. The company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. Participants should consider statements that include the words believes, expects, anticipates, intends, estimates, plans, projects, should, or other expressions that are predictions of or indicate future events or trends to be uncertain and forward-looking. We caution investors not to place undue reliance upon any such forward-looking statements. The company does not undertake to publicly update or revise forward-looking statements, whether because of new information, future events, or otherwise. Additional information respecting factors that could materially affect the company and its operations are contained in the company's filings with the SEC, including its Form 10-K, and in subsequent filings, which can be found on the SEC's website at www.sec.gov. With that, I'd now like to turn the call over to Scott Maskin, CEO of SunNation Energy. Scott, please go ahead.

Thank you, Devin, and good morning, everybody. Happy Monday. Thank you all for joining me today. This is a call that I've truly been looking forward to for quite some time. Since Jim and I took the helm of Sun Nation about 18 months ago, it's felt at times like steering through unpredictable conditions, keeping steady, staying focused, and making sure everyone on the team understood where we were headed and why. Now, I won't tell you things have calmed down. They absolutely have not. As we look ahead to 2026, there's still a lot of movement in the industry and uncertainty. But the difference is that we're no longer reacting, we're leading. We've got structure, direction, and a team that's completely aligned on the mission. And this quarter represents a turning point. For the first time in a long while, our results, our work, reflect the impact of our hard work, the discipline, and the cultural rebuilding that's taken place inside this organization. If I had to sum up Q3 in one phrase, it's this. We delivered it on our promises. Sales rose, costs came down, margins improved, and profitability strengthened. Our capital structure is squeaky clean, and our balance sheet is the strongest it's been in years. That didn't happen by chance. It took tough calls, long hours, and people who refused to give up. But it proves what happens when we stay focused and we execute. While many in our industry have struggled to find direction, Sunnation has moved forward, stronger, leaner, and ready for what's next. Those of us who've been in solar for a while know the ride never really smooths out. The one big beautiful bill and the upcoming sunset of Section 25D have created new challenges and new opportunities, and our team has handled both with focus and professionalism. The rush to complete residential installations before the end of 2025 has been intense, and our teams in New York and Hawaii have been extraordinary and really stepped up to the plate. These are two of the most expensive energy markets in the country, and our people have helped homeowners take control of both their power and their costs. Residential sales in those markets were up 54% year over year in Q3. I want to say that again. Residential sales in those markets were up 54% year over the year in Q3, and we expect that momentum to continue right through the year end. At the same time, we're not focused on this surge. We're preparing for what comes after. We've been developing new financing options and lease-to-own programs that will carry us not just in 2026, but far beyond. Tried and true approaches that have been part of Sun Nation's success story for more than two decades. On the commercial side, we're continuing to see steady demand from institutions and municipalities across Long Island and downstate New York. High energy costs and the longer runway for federal tax credits have supported a solid project pipeline and we're executing efficiently. Our advantage continues to be our diversification in our people, our markets, and our services. And it's what gives us balance and stability moving forward. We stand unique by offering residential solar and storage, commercial solar, roofing, and our ever-growing expanding service division. We intend to expand into the energy-efficient HVAC market and standalone roofing while we double down on our service and O&M side, helping both our long-term customers and those left without support when their original installers disappeared. We're also evaluating strategic M&A opportunities that make sense. one to bring scale efficiency or exposure to fast-growing sectors like AI, crypto, and data centers. These are reshaping how power is used, and we're positioning SunNation to play a meaningful role in the future. Through all of this, one thing hasn't changed. We stay calm, focused, and deliberate. Running a business, much like captaining a ship, isn't about avoiding rough conditions. It's about knowing your course, trusting your crew, and making steady progress no matter what's ahead. Every day I'm driven by three things. Our team who show up with great purpose, our customers who trust us to deliver on the promise of solar, and of course our shareholders whose patience and confidence we're determined to reward. Sunnation is stronger than it's been in a long time. We understand the challenges ahead, but we also see tremendous opportunity in front of us. We built a company that can adapt, grow, and lead through whatever comes next. And I'll close with this. God willing, the market will begin to acknowledge and reward our efforts, our resilience, and the results that this incredible team has delivered for you in Q3. Thank you all for your time and trust and your continued confidence in SunNation. With that, I'll turn it over to our COO, CFO, and my steady co-captain, Jim Brennan, who'll take us through the numbers. Jim?