Exodus Movement, Inc. (EXOD) Q4 2025 Earnings Call

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WEBVTT 00:00:00.976 -- 00:00:06.083 Hi, everyone. Welcome to Exodus's fourth quarter 2025 earnings call. 00:00:06.083 -- 00:00:11.270 I'm your host, Chris Merkle, and with us today are Exodus's co-founder and CEO, 00:00:11.270 -- 00:00:15.396 J.P. Richardson, and CFO, James Granetsky. 00:00:15.396 -- 00:00:18.981 During today's call, we may make forward-looking statements. 00:00:18.981 -- 00:00:23.608 The company cautions investors that any forward-looking statement involves risks and 00:00:23.608 -- 00:00:27.672 uncertainties and is not a guarantee of future performance. 00:00:27.672 -- 00:00:33.318 Actual results may vary materially from those expressed or implied in the forward-looking 00:00:33.318 -- 00:00:36.842 statements due to a variety of factors. 00:00:36.842 -- 00:00:41.166 These factors are described in forward-looking statements in our earnings press release 00:00:41.166 -- 00:00:46.592 and our most recent Form 10-K, filed with the Securities and Exchange Commission, 00:00:46.592 -- 00:00:50.476 available on the Investor Relations portion of our website. 00:00:50.476 -- 00:00:54.925 We do not undertake any obligation to update forward-looking statements. 00:00:54.925 -- 00:01:00.374 As always, feel free to visit our social media accounts on X or Reddit to submit questions 00:01:00.374 -- 00:01:04.099 for our investor relations team after our call. 00:01:04.099 -- 00:01:08.546 Let's go to JP to discuss Exodus' fourth quarter and full year 2025. 00:01:08.546 -- 00:01:10.449 Thank 00:01:10.449 -- 00:01:14.135 you, everyone, for joining. I want to try something a little different today. 00:01:14.135 -- 00:01:19.183 I've been told multiple times that my opening on earnings calls just doesn't sound 00:01:19.183 -- 00:01:24.442 like me. I think that's a fair cr...