11/6/2025

speaker
Leann Hayden
Analyst, Concord Genuity

Excuse me, ladies and gentlemen, thank you for your patience. The call will begin momentarily. Again, thank you for your patience. The call will begin momentarily.

speaker
Makaela Niles
Conference Call Moderator

Makaela Niles- Good morning, thank you for attending the Aspen Federal Jails Incorporated Q3 2025 financial results call. Makaela Niles- All lines will be muted in the presentation portion of the call with opportunity for questions and answers at the end. Makaela Niles- I would like to turn the conference over to your host Neal Baranowski, Aspen's Senior Director, Head of Investor Relations and Corporate Strategy. Thank you, you may proceed Mr. Baranowski.

speaker
Neal Baranowski
Senior Director, Head of Investor Relations and Corporate Strategy

Neal Baranowski, Aspen Federal Jails Incorporated, Thank you, Makaela. Good morning and thank you for joining us for the Aspen Aerogel's third quarter 2025 financial results conference call. With us today are Don Young, President and CEO, and Grant Thiel, Chief Financial Officer and Treasurer. The press release announcing Aspen's financial results and business developments and the slide deck that will accompany our conversation today are available on the investor section of Aspen's website, www.aerogel.com. During this call, we will refer to non-GAAP financial measures, including adjusted EBITDA and adjusted net income. The reconciliations between GAAP and non-GAAP measures are included in the back of the slide presentation and earnings release. On today's call, management will make forward-looking statements about our expectations. These statements are subject to risks and uncertainties that could cause our actual results to differ materially. These risks and uncertainties include the factors identified in our filings with the SEC. Please review the disclaimer statements on page one of the slide deck as the content of our call will be governed by this language. I'd also like to note that from time to time, in connection with the vesting of restricted stock units and or stock options issued under our long-term equity incentive program, we expect that our section 16 officer will file forms for to report the sale and or withholding of shares in order to cover the payment of taxes and or the exercise price of options. Our CEO, Don Young, has established a prearranged Rule 10b-51 plan to sell a limited number of shares for tax purposes in connection with a one-time personal real estate transaction. I'll now turn the call over to Don. Don?

Disclaimer

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Investor presentation