Cyanotech Corp

Aloha from Kona, Hawaii. Thank you all for joining us today. We are pleased to report Cyanotech's first quarter physical 2020 earnings result. I am Jerry Sosowski, Chief Executive Officer for Cyanotech and Nutrex. At this stage, I would like to introduce our Chief Financial Officer, Brian Orloff, who will make a safe harbor statement and review our financial results for the first quarter. We will respond to questions after Brian shares the quarter one results.

Thank you, Jerry. Let me start by saying our discussion today may include forward-looking statements. We do not undertake any obligation to update forward-looking statements either as a result of new information, future events, or otherwise. Our actual results may differ materially from what is described in these forward-looking statements. Some of the factors that may cause results to differ are listed in our publicly filed documents. For additional information, we encourage you to review our 10Q and 10K filings with the Security and Exchange Commission.

Thank you, Brian. Before Brian discusses the details of the quarter, I would like to point out that our first quarter achieved sales of $8.1 million, an improvement of $2 million, or 33%, from Q4 of FY19, and a $926,000 improvement from the prior year's same quarter.