Fermi Inc. (FRMI) Q4 2025 Earnings Call

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WEBVTT 00:00:01.330 -- 00:00:06.577 Ladies and gentlemen, thank you for standing by and welcome to Fermi America's 00:00:06.577 -- 00:00:12.004 earnings conference call. Today's call will be conducted by Rodrigo Acuna, 00:00:12.004 -- 00:00:15.790 Fermi America's Director of Investor Relations. 00:00:15.790 -- 00:00:20.176 Before I turn the call over to Mr. Acuna, I'd like to read the company's abbreviated 00:00:20.176 -- 00:00:22.255 safe harbor statements. 00:00:22.255 -- 00:00:26.261 I'd like to remind you that statements made in this conference call concerning future 00:00:26.261 -- 00:00:31.589 revenues, results from operations, financial positions, markets, economic conditions, 00:00:31.589 -- 00:00:36.557 product releases, partnerships and any other statements that may be construed as predictions 00:00:36.557 -- 00:00:41.685 of future performance or events are forward-looking statements, which may involve known 00:00:41.685 -- 00:00:46.392 and unknown risks, uncertainties and other factors that may cause actual results to differ 00:00:46.392 -- 00:00:51.236 materially from those expressed or implied by such statements. 00:00:51.263 -- 00:00:56.250 Any non-GAAP measures that may be discussed on the call are supplemental to GAAP results 00:00:56.250 -- 00:01:01.536 and are intended to provide additional perspective on the company's ongoing operations. 00:01:01.536 -- 00:01:05.842 With that said, Mr. Acuna, the floor is yours. 00:01:05.842 -- 00:01:08.686 Thank you, Operator, and good morning, everyone. 00:01:08.686 -- 00:01:14.093 Welcome to Fermi America's fourth quarter and full year 2025 earnings call. 00:01:14.093 -- 00:01:19.159 Joining me today are Toby Neugebauer, our co-founder and CEO, and Mal Severson, our 00:01:19.159 -- 00:01:24.453 CFO. Before we be...