Realbotix Corp.

the meeting. If you have a question please submit it into the Q&A section located at the bottom of your screen. I will now turn the call over to Andrew.

Thanks Jennifer. Welcome everyone to the Q1 call. I'll do a quick walk through the Q1 press release and as we sort of just feel like we just did a whole bunch of questions recently for the 2024 audited statements we're going to try and limit the Q&A today to keep this to about half an hour. And of course, people can always message us with additional questions. And then after sort of this quick review and before the questions are going to do sort of a quick screen share and just talk a little bit about some of the goals and what we're trying to do for this year. So Q1, a big increase in revenue. That's largely because of sort of the pivot, the expansion into the AI and robotics versus what we were doing at the same time last year. The net income that we had was as a result of the positive increase in the cryptocurrencies that we held. The way the accounting is done for that is that it flows through the bottom line. We also implemented a normal course issuer bid. That is, we haven't seen a reason to use it as of yet, but it is in place and gives us the option to buy shares. When we actually implemented that, the share price was trading at around 10 cents Canadian, seven cents US. And so we've certainly appreciated a lot since then. We will use it accordingly if we think that the share price needs to be supported. Other key things, I think it's just what's already been announced, the partnership with Compass, the subsidy from Amazon. I guess big news with CES earlier this year was the first time that we showed our products. It's the first conference we attended. It won't be the last this year, but we received a significant amount of media attention there. We were told over 4 billion media hits and over 1,000 articles and several viral videos across TikTok and YouTube. Various articles and things, Forbes, CBS, CNET, Barstool Sports, lots of media coverage, I think was great because it validated that we're doing something very different. The thing I would say about CES is we were located right in the robotics section. Despite that, these larger robot companies all around us, we really outshone everybody and got more than our fair share of the media attention during that. Other news that we've recently announced that we're able to integrate third-party AI into our robotic hardware. We rolled out a timeline that includes OpenAI, ChaiTPT, MatterLama, Google's Gemini, and even the DeepSeek. I think why that's important is we want our robots to have a versatility beyond just running our AI. We see ourselves as a hardware company and a software company but we want our hardware to be available to various use cases and we can integrate actually other AIs. And so we're having conversations with a few large entities and groups that have built their own LLMs and AIs that they want to integrate in through our hardware. And of course we welcome that. The other piece that we released today was related to the vision system. I think that's also something significant and unique and that our robots will be able to integrate in what they're seeing to what the generative AI is doing. That means it might be able to recognize something like a fire or other various situations and be able to respond in real time to what it is seeing. We think that's super unique and something as well that we can integrate in with other third-party AIs. So Q1 2025 is the first quarter since we rebranded. I think for this year, our focus is on building the business, showcasing our robots and AI, establishing partnerships and having meaningful acceleration of sales. A key thing, and you know, we get asked this a lot and maybe I'll share my screen here. I want to talk about sort of the pathway. I'm not going to go through a long explanation, but when I think about 2025 and the management and the board think about 2025, it's really about continuing to establish ourselves as a key player in the space. And again, That's not necessarily just about rolling out as many robots as we can and doing it that way. What we really want to do is, I think by the end of this year, probably sooner, we'll have eight to 10 robots that will be available for onsite activations with targeted partners and vendors. What that means is we'll be using these robots to showcase them around the country. I think that helps us to develop a brand. It helps us to develop a reputation where people recognize our robots. I think they have a certain look and feel, and we'll be able to continue to establish that, not just at various conventions, but you might see them, we might loan them out to a retail store. We're also in the process of hiring a new head of business development, revenue, and customer care. I think post CES, we got an influx of inquiries from people and orders for various products. And what we realized is that we really need to start focusing more attention on that. So as we're growing, we're going to need to hire more people. We also want to establish relationships with high-end vendors. So we've been approached by various groups. An interesting area that we're looking at is creating affiliates at different parts of the world. So we've been contacted by groups in Scandinavia, Australia, Japan, who are all really looking to be resellers of our products in their local markets. And That's a great way for us to expand sales into other areas without having to sort of establish an entire sales network. And so that's something we're considering highly in conversations with various people. And then, of course, we're going to be attending more conferences. You know, we continue to sort of look at various things and we're looking to do some conferences maybe in the Middle East and Europe, as well as various conferences in the United States and Canada. With respect to manufacturing, we have our three main models. Those are listed on the real... ...as to what you're getting, what are the degrees of freedom in the hands and the faces and other various aspects of our robots. Our rollout... I guess our pathway to sort of assembly is we want by the end of next year to be able to assemble 250 plus robots and make our way up to sort of 2,500 or more by 2028. We think those are pretty conservative figures. The way we plan to do that is by a few different things. And so right now what we're doing is we are trying to establish relationships with OEMs. to assemble the non-proprietary steel and machining components. So that's basically everything from the neck down we feel is non-proprietary and we can have that either cut and sort of steel parts manufactured elsewhere and assembled for us or shipped to us and be ready to assemble. That allows us to really scale up quickly without having to establish a new warehouse or hire hundreds of people to do that, we're really going to leverage what other people are doing. And we think that removes a lot of trial and error from us having to do that portion ourselves, at least in the near term. Where the magic really happens on the product is in the, what I would say, above the shoulders. And that's where the proprietary work happens and we feel we have the facilities in place right now to be able to do, you know, several hundred or, you know, thousands of robotic heads. And of course then we have the AI, which can really be set up anywhere. And we have a team that's continuing to sort of work on those AIs again, integrating, you know, the key things we're doing, integrating in so that the speech system aligns with, you know, the lip sync. So it looks realistic. So the vision system, can make eye contact, can recognize people and situations and objects. And that's all stuff that we can do with the existing facilities over the course of the next 24 months. The other pieces that we'll talk about, again, we talked about research and development. So some of the things that we're looking to do, so vision integration system across the robotic platforms would announce this today by August. integration of the third-party AI. So we've already started doing that and rolling it out. So we'll all be done by mid-year. A new sort of various companionship models that will be upgraded and out by August. And then we're going to start taking some time to make the hands more able to conduct physical tasks. And part of that includes also putting sensors into the hands. So we want the robots to be able to touch something and be able to see like, is that hot? Is it cold? would that hurt? And we think, again, that's a feature that would add usability and versatility for the robots. And last, we're always going to look to continue to expand our AI and engineering teams. That means as we continue to integrate and build, we're going to need more people that will add to our team slowly. Right now, we're still a relatively small team and a small company overall, but as things progress, we'll continue to add key individuals to grow with us And then on the capital market side, you know, always an important part, not where we spend all day, but we're starting to evaluate the requirements and qualifications for a NASDAQ listing. You know, we believe that we would garner a larger valuation and more liquidity on an exchange like that. It's easier for people to buy the stock. And then we're also evaluating bringing in an internal IR person. So that's that part of the presentation. Maybe with that, Jennifer, we can open it up to questions. We're changing it up a little bit this time just because I think last time we had some comments that we should try and allow more people to ask questions. Maybe we'll open it up and take some questions here from people. You can just type them in.

Yeah, go ahead. If you have a question, you can submit it into the Q&A box at the bottom of your screen located next to the screen share.