Bakkt Holdings, Inc. (BKKT) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:02.855 first quarter 2026 earnings 00:00:02.855 -- 00:00:08.422 conference call. Currently, all participants are in a listen-only mode. 00:00:08.422 -- 00:00:13.348 After the speaker's presentation, there will be a question and answer session. 00:00:13.348 -- 00:00:19.076 To ask a question during the session, you will need to press star 1-1 on your telephone. 00:00:19.076 -- 00:00:23.321 To remove yourself from the queue, you may press star 1-1 again. 00:00:23.321 -- 00:00:27.547 I would now like to hand the call over to Cody Fletcher with Investor Relations. 00:00:27.547 -- 00:00:30.208 Please go ahead. 00:00:51.179 -- 00:00:55.967 Hello there, and welcome to VAC's first quarter 2026 earnings call. 00:00:55.967 -- 00:01:00.975 Joining me on the call today are Akshay Nehata, our Chief Executive Officer, and Karen 00:01:00.975 -- 00:01:04.701 Alexander, our Chief Financial Officer. 00:01:04.701 -- 00:01:08.467 Today's discussion contains forward-looking statements within the meaning of the Federal 00:01:08.467 -- 00:01:13.495 Security Clause. Forward-looking statements are subject to risks and uncertainties that 00:01:13.495 -- 00:01:18.449 could cause actual results to differ materially from those reflected or implied. 00:01:18.449 -- 00:01:23.056 We refer you to the cautionary language in our earnings release, this presentation, and 00:01:23.056 -- 00:01:28.624 in our SEC filings, including the risk factors set forth in our most recent Form 10-K 00:01:28.624 -- 00:01:33.769 and our Form 10-Q for the period ended March 31st, 2026. 00:01:34.392 -- 00:01:39.440 Today's discussion also includes references to non-GAAP measures, including EBITDA 00:01:39.440 -- 00:01:45.128 and adjusted EBITDA, reconciliations and definitions for our operation...