Archer Aviation Inc. (ACHR) Q1 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.937 Good afternoon. Thank you for attending today's Archer Aviation Q1 2025 00:00:04.937 -- 00:00:08.983 Financial Results Conference Call. My name is Cole, and I'll be the moderator for today's 00:00:08.983 -- 00:00:13.969 call. All lines will be muted during the presentation portion of the call. 00:00:13.969 -- 00:00:18.335 With opportunity for questions and answers at the end, if you'd like to queue for a question, 00:00:18.335 -- 00:00:22.340 you can do so by pressing star 1 on your telephone keypad. 00:00:22.340 -- 00:00:24.082 I'd now like to pass it over to Eric Lentil. 00:00:24.082 -- 00:00:26.523 Please go ahead. 00:00:28.088 -- 00:00:30.558 Thank you for joining Archer's earnings call. 00:00:30.558 -- 00:00:34.023 This is Eric Lentel, Archer's General Counsel. 00:00:34.023 -- 00:00:37.347 During today's call, we will be making forward-looking statements. 00:00:37.347 -- 00:00:42.074 These statements are based on assumptions as of today, and we undertake no obligation 00:00:42.074 -- 00:00:46.780 to update them as a result of new information or future events. 00:00:46.780 -- 00:00:50.966 There are risks and uncertainties that may cause our actual results to differ materially 00:00:50.966 -- 00:00:53.369 from those contemplated. 00:00:53.369 -- 00:00:57.695 For more information about these risks and uncertainties, please refer to the risk factors 00:00:57.695 -- 00:01:00.410 in our SAC filings. 00:01:00.410 -- 00:01:05.056 Today, we will also be discussing both GAAP and non-GAAP financial measures. 00:01:05.056 -- 00:01:09.983 A reconciliation of those financial measures is included in today's shareholder letter 00:01:09.983 -- 00:01:13.988 and earnings release. And now I'll turn it over to Adam. 00:01:13.988 -- 00:01:15.988 Ad...