EnWave Corporation (ENW) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.578 Greetings, and welcome to the NWAVE Corporation Q3 earnings call. 00:00:04.578 -- 00:00:07.722 At this time, all participants are in listen-only mode. 00:00:07.722 -- 00:00:11.888 A question and answer session will follow the formal presentation, and you may be placed 00:00:11.888 -- 00:00:16.755 into question queue at any time by pressing star 1 on your telephone keypad. 00:00:16.755 -- 00:00:19.580 As a reminder, this conference is being recorded. 00:00:19.580 -- 00:00:22.584 It's now my pleasure to turn the call over to CEO Brent Charlton. 00:00:22.584 -- 00:00:24.964 Please go ahead. 00:00:25.208 -- 00:00:30.698 Thanks very much. And good morning to everyone who has joined us today for NWAVE's Q3 00:00:30.698 -- 00:00:35.765 fiscal 2025 quarterly conference call. We are pleased with the performance in Q3 00:00:35.765 -- 00:00:39.631 with modest improvements year over year and consistent revenue quarter to quarter as 00:00:39.631 -- 00:00:44.698 a result of the initial manufacturing and fabrication of two 60-kilowatt machines during 00:00:44.698 -- 00:00:50.527 the period. Thus far in Q4, we have continued to expedite the completion of the 60-kilowatt 00:00:50.527 -- 00:00:55.764 machines for our royalty partner, MicroDryd, and we're likely to recognize many 10-kilowatt 00:00:55.764 -- 00:01:00.069 units that are planned for commissioning prior to September 30th. 00:01:00.069 -- 00:01:04.533 Further, we are optimistic regarding additional REV equipment purchase orders, which 00:01:04.533 -- 00:01:07.196 I'll discuss in more detail momentarily. 00:01:07.196 -- 00:01:11.181 And as always, the information we will present today contains forward-looking information 00:01:11.181 -- 00:01:15.526 that is based on our management's expect...