Heritage Global Inc. (HGBL) Q2 2026 Earnings Call

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WEBVTT 00:00:00.217 -- 00:00:04.621 Please note this call has been recorded. We are standing by should you need any assistance. 00:00:04.621 -- 00:00:07.664 It is now my pleasure to turn the meeting over to Jen Belladeau. 00:00:07.664 -- 00:00:09.966 Please go ahead. 00:00:09.966 -- 00:00:14.310 Thank you and good afternoon, everyone. Before we begin, I'd like to remind everyone 00:00:14.310 -- 00:00:18.754 that this conference call contains forward-looking statements based on our current expectations 00:00:18.754 -- 00:00:23.598 and projections about future events and are subject to change based on various important 00:00:23.598 -- 00:00:28.135 factors. In light of these risks, uncertainties, and assumptions, you should not place 00:00:28.135 -- 00:00:32.277 undue reliance on these forward-looking statements, which speak only as of the date of 00:00:32.277 -- 00:00:37.339 this call. For more details on factors that could affect these expectations, please 00:00:37.339 -- 00:00:40.480 share our filings with the Securities and Exchange Commission. 00:00:40.480 -- 00:00:45.002 Now I'd like to turn the call over to Heritage Global's Chief Executive Officer, Mr. 00:00:45.002 -- 00:00:47.764 Ross Dove. Please go ahead, Ross. 00:00:47.764 -- 00:00:51.641 Welcome, everyone, and thanks for joining us today. 00:00:51.641 -- 00:00:56.663 Before I turn it over to Brian to go through the financials, I want to take a few minutes 00:00:56.663 -- 00:01:02.745 to add some color to our recent news. Closing Heritage's capital 00:01:02.745 -- 00:01:08.027 was at a point of no return where it became both obvious and necessary 00:01:08.027 -- 00:01:13.068 on multiple fronts. First, the distraction on management team, then 00:01:13.068 -- 00:01:18.336 coupled with the continued lag on coll...