8/14/2023

speaker
Operator
Conference Operator

And welcome to the Mobivity Second Quarter 2023 Earnings Results Call. Hosting the call today are Tom Akin, Chairman of the Board, Kim Carlson, Chief Operating Officer, and Dennis Becker, Chief Executive Officer. Before I turn the call over to management, I'd like to call everyone's attention to the company's Safe Harbor policy. Please note that certain statements made on this call will be forward-looking statements, which are subject to considerable risks and uncertainty. We caution you that such statements reflect the management's best judgment based on factors currently known and that the actual results or events could differ materially. Please refer to the documents filed by the company from time to time with the SEC, and in particular, its most recently filed annual report on Form 10-K. These documents contain and identify important risk factors and other information that may cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made during this call are being made as of today. If the call is replayed or reviewed after today, the information presented during this call may not contain current or accurate information. Except as required by law, the company assumes no obligation to update these forward-looking statements publicly or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements. even if the new information becomes available in the future. Today's call may include non-GAAP financial measures, which require a reconciliation to the most directly comparable financial measures, which are calculated and presented in accordance with GAAP and can be found in today's press release, along with our recent corporate presentation, which is also available at Mobivity.com. With that said, I'd like to turn the call over to Tom Akin. Tom, the floor is yours.

speaker
Tom Akin
Chairman of the Board

Thank you, Operator, and hello, everyone, and thank you for joining us today for Mobivity's Q2 2023 earnings call. Over the last 18 months, under the leadership of Dennis Becker, Mobivity has undertaken the mission of transforming its business to focus on connected rewards. a platform that connects game and app publishers with brands to drive customer acquisition and retention. I want to thank Dennis for his efforts and his leadership in that effort. The response to Connected Rewards has been overwhelmingly positive from both the brands and publishers. Demand is robust and our pipeline and addressable market continues to grow. With Connected Rewards, game publishers are experiencing positive returns on their ad spend, and game install volume has grown in an exciting way. Dennis played a critical role in crystallizing the opportunity, identifying key hires to establish the platform and bringing us to where we are today. It is because we are so confident in the value of Connected Rewards that we, along with Dennis, have chosen to find a new leader who can shape the path into this new and exciting market. A formal CEO search is underway for an industry leader to lead the company through the next phase of our evolution, and an interim leader will be named in the near term. I'll now hand the call over to Dennis for a few comments, followed by Kim Carlson, our new COO, who will discuss details of our continued business transformation. Dennis?

speaker
Dennis Becker
Chief Executive Officer

Thank you, Tom, for your kind words and recognition. It's been an incredible journey over the last 18 months with the dedicated Mobivity team. From the moment we envisioned Connected Rewards, I knew we were on to something game-changing. The fusion of game and app publishers with powerful brand partnerships not only holds the promise to redefine customer acquisition and retention, but also transforms the way consumers interact and engage with their favorite brands. As I transition from my role, my belief in Mobivity's potential and the impact of Connected Rewards has never been stronger. The company has an incredible new management team leading all key areas of the business, and new leadership at the CEO position will bring the necessary domain expertise and fresh perspective to take Mobivity to the next level. I'm so very grateful to our team, partners, and shareholders who have steadfastly supported the transformation of our business over the past year and a half. I'll now hand the call over to Kim for a more detailed update on our progress.

Disclaimer

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