GCT Semiconductor Holding, Inc. (GCTS) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon. Thank you for attending GCT Semiconductor Holding, Inc.' 's fourth quarter and full year 2025 financial results call. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. Joining the call today are John Schlafer, GCT's Chief Executive Officer, and Edmund Chang, CFO, to discuss our fourth quarter and full year 2025 results. During this call, certain statements we make will be forward-looking. These statements are subject to risk and uncertainties, including those set forth in our Safe Harbor provision for forward-looking statements that can be found at the end of our earnings press release and also in our Form 10-K that will be filed today. which provide further detail about the risk related to our business. Additionally, except as required by law, we undertake no obligation to update any forward-looking statement. I will now turn the call over to John Schlafer. Thank you and thanks to everyone for joining us today for our fourth quarter and full year 2025 earnings call. I'll begin by discussing the operational milestones we achieved during the year as we executed on our strategy to transition the company toward full 5G commercialization. Following my remarks, our CFO, Edmund Chang, will walk through the full year financial results in greater detail. 2025 was a defining year for GCT. as we reached several key milestones in the transition from our development to commercialization of our 5G chipset. Over the past year, we have focused on bringing our 5G chipset technology to commercial readiness while expanding our ecosystem of partners and customers who are preparing to deploy and integrate our 5G platform across a growing set of applications. After the launch of sampling with lead...