VerifyMe, Inc.

Good morning, and welcome to the Verify Me Year-End 2022 Financial Results Conference Call. All participants will be in a listen-only mode, and should you need any assistance during the call, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then one on your telephone keypad. And to withdraw a question, please press star, then two. Please note that this event is being recorded today. I would now like to turn the conference over to Nancy Myers, Vice President and Investor Relations. Please go ahead.

Good morning, everyone, and thank you for joining us today for our earnings call presentation. On the call today, we have Scott Greenberg, Interim CEO and Executive Chairman, Keith Goldstein, President and Chief Operating Officer, Margaret Gazurlis, CFO, and Kurt Cole, Executive Vice President Sales and Global Strategy, to give an update on our fourth quarter 2022 results. Following our management presentation, we will have a Q&A session. I would like to bring your attention to the note on forward-looking statements on slide three. Today's presentation and the answers to question include forward-looking statements. It should be understood that actual results could differ materially from those projected due to a number of factors, including those described under the forward-looking statements caption and on the risk factors of the company's annual report on Form 10-K and quarterly reports on Form 10-Q. I will now turn the call over to Scott Greenberg for some opening remarks.

Thank you, Nancy. Thanks for participating on the fourth quarter of 2022 earnings call. We believe the company is developing a unique platform both organically and through the acquisitions completed. In 2023, our goal is to further integrate our acquisitions to enhance the company's platform. The fourth quarter of 2022 results and the opportunities being pursued leads us to a positive future outlook. I believe the presentations today will demonstrate that the company is at an inflection point, and for 2023, the company forecasts a positive adjusted EBITDA and increased revenue for the year with a strong balance sheet. We believe that the Verify Me, Parachip, and Trust Code brands are important, both individually and the combined strategy for future growth. In addition, I'd like to thank Patrick White for his contributions in the past of being the company's CEO. That being said, I believe we have put together an experienced management team and board of directors that's poised for success. Next slide, please. Just a little bit about the financial and equity snapshot. Our stock price today is roughly about $1.60, and our shares outstanding is $9.4 million, which gives us a market cap that's closing in on $15 million. Our cash balance as of December 31st, 2022, was $3.4 million, and that's socially consistent with our June balance. So our cash has been holding up and roughly staying equal in the six months. Our debt is $1.9 million as of December 31, 2022. And on a positive note, our debt is normal bank debt with PNC Bank. Our revenues for fiscal 2022 is $19.6 million. And as you see our projection later on, we should grow revenue both organically and through acquisitions by over 40% in 2023. and our inside beneficial ownership is approximately 17%. With that being said, I'd now like to turn over the call to Keith Goldstein.