Farmers Edge Inc.

Good morning and welcome to the Farmers Edge live audio webcast for its third quarter 2022 financial results and business highlights. Please be advised that reproduction of this audio webcast in whole or in part is not permitted without written authorization from the company. All lines have been placed on mute to prevent any background noise and after the speaker's remarks there will be a question and answer session. If you would like to ask a question during this time simply press star and the number one on your telephone keypad. If you would like to withdraw your question, please press the pound key. Individuals, then two. Individuals will be limited to two questions per person before being put back into the queue. At this time, I would like to turn the call over to Cindy Yuan, Chief Financial Officer of Farmer's Edge. Please go ahead.

Thank you, Operator, and good morning, everyone. Before we start, I would like to remind you that all amounts disclosed on this call are denominated in Canadian dollars, unless otherwise indicated. Please note that prepared remarks contain forward-looking information and additional forward-looking statements may be made in response to your questions during the QA portion of the call. These statements reflect company current expectations regarding future events. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties. many of which are beyond the company's control or could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Listeners are urged to consider assumptions, risks, and uncertainties associated with such forward-looking information, including by referring to the assumptions, risks, and uncertainties discussed in the pharmaceutical findings with Canadian securities administrators. These statements do not guarantee future performance, and therefore, undue reliance should not be placed upon them. The company does not undertake any obligation to update forward-looking information provided during this audio webcast, whether as a result of new information, future events, or otherwise, except as may be required under applicable security laws. Finally, we would like to remind listeners that companies may refer to certain non-GAAP measures and key performance indicators or KPIs during the audio webcast for further details on non-GAAP measures and KPIs, including relevant definitions and certain reconciliations. See pharmaceutical findings with Canadian Securities Administrators. We also post on our website a short presentation that you may want to follow along with our remarks. I now turn the call over to our Chairman, Bill McFarland, for opening remarks.

Bill McFarland Thanks, Cindy, and good morning, and welcome to everyone on the call today. The third quarter of 2022 was an important time for Farmers Edge in repositioning the company for the future. In Q3, the board and the management team reviewed the business end-to-end and developed a new business strategy which was discussed with the board. Key pillars of the new strategy include accelerating acre growth, building a cost reduction plan which reduces the cash burn rate, improving our execution in the field while putting growers and our B2B partners at the center of everything we do, and identifying the right talent mix and capabilities to drive our business forward in the future. Q3 was also a time to step back and obtain customer feedback on our Farm Command platform and relationships. This feedback, along with the new strategy and underlying actions, will be critical elements in driving future success. Our commitment as a board and management team is to move forward with speed and agility and make the changes required to create a stronger and long-term sustainable business. There has been a lot accomplished by Vibor and team over the past couple of months. We also recognize there is a lot more to do, and Vibor will provide further details in his remarks today. I will now pass it over to Cindy for some brief comments on the Q3 results.