Energous Corporation

Good day and welcome to the Energis Corporation Full Year 2023 Financial Results. All participants will be in listen-only mode. Please note this event is being recorded. I would now like to turn the conference over to Craig McPhail, Investor Relations.

Please go ahead. Thank you and welcome, everyone. Before we begin, I would like to remind participants that during today's call, the company will make forward-looking statements. These statements are subject to inherent risks and uncertainties that are detailed in the company's filings with the Securities and Exchange Commission. Except as otherwise required by federal laws, Energist disclaims any obligation or undertaking to publicly release updates or revisions to the forward-looking statements contained herein or elsewhere to reflect changes and expectations with regard to those events, conditions, and circumstances. Also, Please note that during this call, Energist will be discussing non-GAAP financial measures as defined by SEC Regulation G. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measures are included in today's press release, which is posted on the company's website. Please note that we will not be taking questions on this call. Investors are invited to submit any questions to ir at energist.com. Now, I would like to turn the call over to Mallory Barak, Principal Executive Officer and CFO of Energy Corporation. Please go ahead, Mallory.

Thanks, Craig, and thank you all for joining us. I'm here with Gianpaolo Marino, our Vice President of Business Development and Marketing. I know our recent leadership change announcement is on your minds, and I will say a few words about that before we get into the business update and review of the 2023 results. I want to start by reiterating that we are thankful to Cesar for his contributions to EnerGIS, and we wish him well in the future. Our board has initiated a search to identify a new CEO with the support of a search firm. While the search process is underway, the board has established an office of a chair composed of myself and Raynette, our board chair, to take on the CEO duties. Together, we will oversee strategic planning and execution. As our interim principal executive officer, I will take the lead on operational matters, working closely with John Palo and our senior leaders. Raynette will provide oversight and support from a board perspective. While I have been in my role as CFO of Energist for just a few months, I bring many years of experience as CFO of high growth and publicly traded technology companies. Since joining in January, I've had the opportunity to collaborate closely with our board and senior team, and I'm confident in our ability to continue to deliver on our mission and take advantage of the large market opportunity for us in wire-free low-power charging at a distance. We believe the important thing to take away from this announcement is that our board, our leadership team, and the whole Energist team are excited to move forward and build our next phase of growth in a strategic, deliberate way. We are intently focused on capitalizing on our first-to-market advantage and prioritizing protection of our intellectual property portfolio while also improving operational efficiencies as we work toward enabling the next generation of wireless power networks. And with that, I will turn it over to John Palo to provide a business update.