EnWave Corporation (ENW) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. Welcome to OnWave Corporation's first quarter 2025 earnings conference call. My name is Robert, and I'll be your operator for today's call. Joining us for today's presentation are the company's president and CEO, Brent Charlton, and Dylan Murray, OnWave CFO. As a reminder, all participants are in a listen-only mode, and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. Excuse me. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Finally, I'd like to remind everyone that this call will be made available for replay via a link in the investor relations sections of the company's website at www.onwave.net. Now I'd like to turn the call over to your host, OnWave CEO, Mr. Brent Charlton. Thanks again to everyone who has joined us today for NWAVE's Q1 fiscal 2025 quarterly conference call. The information we will present today contains forward-looking information that is based on our management's expectations, estimates, and projections. Our statements are not a guarantee of future performance and involve a number of risks, uncertainties, and assumptions. Please consider the risk factors in the filings made by NWAVE on CDAR when reviewing this information. Also, all amounts discussed will be in Canadian dollars unless otherwise noted. NOA's first quarter fiscal 2025 yielded several positive developments, including the continued improvement of third-party royalties paid to the company, which was $559,000 for the quarter, up $80,000 year over year. We had an increased number of RevWorks tolling contracts, which we have continued throughout Q2, and we signed two new license agreements, one with Alea Technology of Germany and the other with Cint...