Marpai, Inc.

Good morning and welcome to MARPE third quarter 2025 earnings webcast. All participants will be in listen-only mode. Should you need assistance, please signal the conference specialist by pressing star followed by zero. After today's presentation, there will be an opportunity to ask questions. Please note that this conference is being recorded. I would now like to turn the conference over to Steve Johnson, Chief Financial Officer. Please go ahead.

Thank you. Good morning, and thank you for joining us for the MARPE third quarter 2025 earnings release webcast. With me this morning is Damian Lamandola, Director and CEO of MARPE, and Dallas Scripp, President and Chief Operating Officer of MARPE. Before we begin, I'd like to draw your attention to the forward-looking statements included in this presentation. Damian, the floor is yours.

Thank you, Steve. Employers have two basic options when considering the health benefits for the employees. Fully funded with a traditional insurance company or self-funded where the employer takes on the funding responsibilities for the health insurance benefits. Given the continued high rate of healthcare inflation, Many more companies are choosing to self-fund their benefit programs and use a third-party administrator as generally, just by moving to a self-funded plan, it reduces overall costs by 10% or more. As more and more employers are quickly moving over to self-funded plans, the demand for TPA services has been increasing significantly. I'll turn it over to Dallas now, who, as Steve said, is our President and Chief Operating Officer. Thank you, Damien.