Fractyl Health, Inc. (GUTS) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.259 Good afternoon, and welcome to Fractal Health's second quarter 2025 financial results 00:00:05.259 -- 00:00:10.488 and business updates call. As a reminder, this conference call is being recorded. 00:00:10.488 -- 00:00:14.034 At this time, all participants are in listen-only mode. 00:00:14.034 -- 00:00:17.599 There will be a Q&A session following management prepared remarks. 00:00:17.599 -- 00:00:21.666 I'll now turn the call over to Brian Luque, Head of Investor Relations and Corporate 00:00:21.666 -- 00:00:24.230 Development at Fractal. Brian, you may now begin. 00:00:24.230 -- 00:00:26.230 Thank 00:00:27.275 -- 00:00:31.552 you. This afternoon, we issued a press release that outlines the topics we plan to discuss 00:00:31.552 -- 00:00:36.034 today. This release is available at www.fractal.com 00:00:36.236 -- 00:00:40.380 under the Investors tab. Joining us on the call today are Dr. 00:00:40.380 -- 00:00:46.385 Harith Rajagopalan, Chief Executive Officer, and Lisa Davidson, Chief Financial Officer. 00:00:46.385 -- 00:00:50.649 During this call, we make forward-looking statements which involve risks and uncertainties 00:00:50.649 -- 00:00:56.022 that may cause actual results to differ materially from our forward-looking statements. 00:00:56.022 -- 00:01:00.286 We provide a comprehensive list of risk factors in our SEC file, including the quarterly 00:01:00.286 -- 00:01:05.251 report on Form 10-Q filed today, which I encourage you to review. 00:01:05.251 -- 00:01:09.915 Any forward-looking statements on the call are subject to substantial risks and uncertainties, 00:01:09.915 -- 00:01:14.920 speak only as of the call's original date, and we undertake no obligation to update or 00:01:14.920 -- 00:01:19.424 revise any of the statemen...