Clipper Realty Inc. (CLPR) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.397 Clipper Realty Q1 Earnings Call. At this time, all participants have been placed 00:00:05.397 -- 00:00:09.541 on the listen-only mode, and we will open the floor for your questions and comments after 00:00:09.541 -- 00:00:14.766 the presentation. It is now my pleasure to turn the floor over to your host, Lawrence 00:00:14.766 -- 00:00:18.328 Saba. Lawrence, the floor is yours. 00:00:18.370 -- 00:00:23.255 Good afternoon, and thank you for joining us for the first quarter 2025 Clipper Realty 00:00:23.255 -- 00:00:27.887 Inc. Earnings Conference Call. Participating with me on today's call are David Bissiter, 00:00:27.887 -- 00:00:33.274 Co-Chairman of the Board and Chief Executive Officer, JJ Bissiter, Chief Operating Officer, 00:00:33.274 -- 00:00:36.017 and Larry Kleider, Chief Financial Officer. 00:00:36.017 -- 00:00:40.283 Please be aware that statements made during the call that are not historical may be deemed 00:00:40.283 -- 00:00:44.348 forward-looking statements and actual results may differ materially from those indicated 00:00:44.348 -- 00:00:48.613 by such forward-looking statements. These statements are subject to numerous risks and 00:00:48.613 -- 00:00:53.220 uncertainties. including those disclosed in the company's 2024 annual report on Form 00:00:53.220 -- 00:00:58.709 10-K and the first quarter 2025 quarterly report on Form 10-Q, which is accessible 00:00:58.709 -- 00:01:01.351 at www.sec.gov 00:01:02.176 -- 00:01:06.643 and on our website. As a reminder, the forward-looking statements speak only as of the 00:01:06.643 -- 00:01:11.692 date of this call, May 12, 2025, and the company undertakes no duty to update 00:01:11.692 -- 00:01:16.780 them. During the call, management may refer to certain non-GAAP financial mea...