Upexi, Inc.

Good day and welcome to the UPAC-C Fiscal First Quarter 2026 Financial Results Conference Call. Please note this event is being recorded. I would now like to turn the conference over to Walter Pinto, Managing Director at KCSA Strategic Communications. Please go ahead.

Thank you, Operator. Good evening and welcome everyone to the UPAC-C Fiscal First Quarter 2026 Financial Results Conference Call. I'm joined today by Alan Marshall, Chief Executive Officer, Andrew Nordstrud, Chief Financial Officer, and Brian Ruddick, Chief Strategy Officer. Before we begin, I'm going to remind everyone the statements made during today's conference call may be deemed forward-looking statements within the meaning of the safe harbor of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of risks, uncertainties, and other factors. For a detailed discussion of some of the ongoing risks and uncertainties in the company's business, I refer you to the press release issued this evening and filed with the SEC on Form 8K, as well as the company's reports filed periodically with the SEC. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, unless otherwise required by law. In addition, during the course of the call, we may refer to non-GAAP financial measures that are not prepared in accordance with accounting principles generally accepted in the United States, and they may be different from non-GAAP financial measures used by other companies. The reconciliation of non-GAAP financial measures to the most directly comparable GAAP financial measures are contained in our earnings release issued this evening, unless otherwise noted. I'd now like to turn the call over to UFAXC's CEO, Alan Marshall.

Thank you, Valter, and welcome, everyone, to our first quarter 2026 earnings conference call. I couldn't be more excited to hold our first earnings call since adopting the Solana Treasury strategy. It has been truly transformational for the company, and as such, I wanted to comment on our path since inception. As you know, we primarily were a consumer Amazon brand owner. As the Amazon business became increasingly more difficult, we started to think about the best ways to create shareholder value going forward. After a thorough analysis of many options, we made a strategic decision to invest our time and resources into digital assets. This was due to two reasons. The first was a newfound openness towards crypto in the U.S., mainly due to the change in administration and its various regulatory bodies. Put simply, the U.S. administration went from a headwind to a tailwind for digital assets, and which we believe to accelerate innovation, adoption, and ultimately affect prices moving upwards. Second, with a greater appreciation for the value MicroStrategy has created for shareholders. Indeed, it has been the best performing stock in the U.S. since adopting a Bitcoin treasury strategy in 2020. And more importantly, it has more than doubled the return of Bitcoin with only minimal leverage, meaning its capital markets activities are creating tremendous value for shareholders. We first publicly announced a pivot towards digital assets in February. And as we honed our strategy, we settled in on one built around Solana. We'll cover the rationale in more detail later in the call, but the decision to focus on Solana was simple. From an asset perspective, we believe strongly that Solana has the best chance to be the end game winning high performance blockchain, and particularly so as the new rails for global finance. Second, from a treasury perspective, Solana offers additional ways to create value for shareholders. via activities like staking and purchasing of discounted lock sole. Our plan was simple. Close on a large scale capital raise, employ and improve the proven capital markets playbook from MicroStrategy where issuing equity above book value is by definition accretive. Then innovate on MicroStrategy's model by staking our Solana to generate yield, to turn the treasury into a cash flowing asset, and also buying locked discounted sole for built-in shareholder gains. We did just that in April, successfully completing a $100 million equity private placement in what we believe was the first large-scale equity pipe for an altcoin strategy. We followed it up with a $200 million raise in July, which included an innovative in-kind convertible note issuance, offering with significant benefits for both investors and the company. And again, we believe that to be an industry first. Each time we deployed the funds into spot and locked solar attractive entry prices, sticking nearly all of it to generate cash flow. The company currently owns 2.1 million soul, valued in excess of 327 million. While raising capital and deploying the capital in a systematic way, we remained hyper-focused on both external visibility and intelligent capital issuance, Success in raising capital and deploying it are only part of a successful public strategy. We have put forth an enormous effort to build our online and traditional finance following and to educate the market on our vision and the investment opportunity. We are proud to have been quoted in over 50 news articles since launching the strategy, participating in multiple leading podcasts each month, establishing an advisory committee with Arthur Hayes, John Najarian, and Sol Bigbrain, and attended or are scheduled to attend over 20 mostly traditional finance oriented conferences and have conducted hundreds of individual investor meetings. As previously stated, we've remained steadfast on utilizing the capital markets to create value for shareholders. Notably, our July raise not only material increased our sauna per share, but also led to multiple expansion as we demonstrated our ability to raise funds in a creative fashion. On the financial side, our consumer brand business continues to perform as expected. Most importantly, our staking revenue is uniquely providing a huge boost to company revenue. Our fiscal Q1, we generated over $6 million in digital asset revenue, and we are currently adding over $75,000 a day. As we look ahead, Q2 will benefit from having all our $2.1 million sole staked for the future quarter. I'll now turn the call over to Brian Ruddick, Chief Strategy Officer.