Aspen Aerogels, Inc. (ASPN) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. Thank you for attending the ASTHO Aerogel Inc. Q4 2025 and Full Year 2025 Financial Results Call. All the lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. I would now like to turn the conference over to your host, Neil Baranowski, ASTHO's Senior Director, Head of Investor Relations and Corporate Strategy. Thank you. You may now proceed, Mr. Baranowski. Thank you, Gabby. Good morning and thank you for joining us for the Aspen Air Jail's fourth quarter and full year 2025 financial results conference call. With us today are Don Young, President and CEO, and Grant Thaley, Chief Financial Officer and Treasurer. The press release announcing Aspen's financial results and business developments and the slide deck that will accompany our conversation today are available on the investor section of Aspen's website, www.aerogel.com. During this call, we will refer to non-GAAP financial measures, including adjusted EBITDA and adjusted net income. The reconciliations between GAAP and non-GAAP measures are included in the back of the slide presentation and earnings release. On today's call, management will make forward-looking statements about our expectations. These statements are subject to risks and uncertainties that could cause our actual results to differ materially. These risks and uncertainties include the factors identified in our filings with the SEC. Please review the disclaimer statements on page one of the slide deck as the content of our call will be governed by this language. I'd also like to note that from time to time, in connection with the vesting of restricted stock units and or stock options issued under our long-term equity incentive program, We expect that our Section 16 off...