Velan Inc.

Good morning, ladies and gentlemen, and welcome to the Volon Inc. Q1 Financial Results Conference Call. At this time, all lines are in a listen-only mode. Following the presentation, we will conduct a question and answer session. If at any time during this call you require immediate assistance, please press star zero for the operator. This call has been recorded on Friday, July 11, 2025. I would now like to turn the conference over to Rishi Sharma, Chief Financial Officer. Please go ahead.

Thank you, operator. Good morning, and thank you for joining us for our conference call.

Let's start by discussing the disclaimer from our related IR presentation, which is available on our website in the investor relations section. As usual, the first paragraph mentions that the presentation provides an analysis of our consolidated results for the first quarter ending May 31st, 2025. The board of directors approved these results yesterday, July 10th, 2025. The second paragraph refers to non-IFRS and supplementary financial measures, which are defined and reconciled at the end of the presentation. The last paragraph addresses forward-looking information, which is subject to risks and uncertainties that are not guaranteed to occur. Forward-looking statements contained in this presentation are expressly qualified by this cautionary statement. Finally, unless indicated otherwise, all amounts are expressed in US dollars And all financial metrics discussed are from continuing operations. I now turn the call over to Mr. Jim Manabek, Chairman of the Board and CEO of Ellen.