Comstock Inc. (LODE) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.937 Good morning, and thank you for joining Comstock Inc's full year 2025 00:00:05.937 -- 00:00:11.884 results and business outlook. I'm Zach Spencer, Director of External Relations. 00:00:11.884 -- 00:00:15.548 Today is Tuesday, March 24, 2026. We 00:00:15.548 -- 00:00:18.912 are streaming live, and this session is being recorded. 00:00:18.912 -- 00:00:23.717 A recording will be posted shortly after we adjourn in the investor relations section 00:00:23.717 -- 00:00:28.967 of our website. Today, we filed our Form 10-K for the year ended December 31st, 00:00:28.967 -- 00:00:30.889 2025, 00:00:30.889 -- 00:00:34.413 and issued a press release summarizing year end results. 00:00:34.413 -- 00:00:37.777 Both documents are available on our website. 00:00:37.777 -- 00:00:42.862 As a reminder, Comstock is listed on NYSE American with the 00:00:42.862 -- 00:00:46.664 ticker LODE, L-O-D-E. 00:00:46.806 -- 00:00:52.512 Joining me today are Corrado De Gasparis, Comstock's Chief Executive Officer, 00:00:52.512 -- 00:00:56.996 and Judd Merrill, Compsoc's Chief Financial Officer. 00:00:56.996 -- 00:01:00.700 After their prepared remarks, we will take questions. 00:01:00.700 -- 00:01:05.264 We received more than 35 questions in advance of the call. 00:01:05.264 -- 00:01:10.510 If you have additional questions during the call, please use the Zoom Q&A 00:01:10.510 -- 00:01:14.674 window and we will address as many as time allows. 00:01:14.674 -- 00:01:19.478 Today's discussion will include forward-looking statements. 00:01:19.478 -- 00:01:24.885 Actual results may differ materially due to risks and uncertainties detailed 00:01:24.885 -- 00:01:30.772 in our SEC filings. Full risk disclosures can be found in our filings 00:01:30.772 -- 00:01:35.879 on the...