Heritage Global Inc. (HGBL) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.234 Hello and welcome everyone joining today's Heritage Global Inc. 00:00:03.234 -- 00:00:07.298 4th Quarter 2025 and Year End Conference. 00:00:07.298 -- 00:00:10.220 At this time, all participants are in a listen-only mode. 00:00:10.220 -- 00:00:14.985 Later, you will have the opportunity to ask questions in the question and answer session. 00:00:14.985 -- 00:00:20.109 To register to ask a question at any time, please press star 1 on your telephone keypad. 00:00:20.109 -- 00:00:24.253 Please note this call is being recorded and we are standing by should you need any assistance. 00:00:24.253 -- 00:00:29.057 It is now my pleasure to turn the meeting over to John Nesbitt of IMS Investor Relations. 00:00:29.057 -- 00:00:31.518 Please go ahead. 00:00:33.916 -- 00:00:35.558 Thank you, and good afternoon, everyone. 00:00:35.558 -- 00:00:40.745 Before we begin, I'd like to remind everyone that this conference call contains 00:00:40.745 -- 00:00:45.371 forward-looking statements based on our current expectations and projections about future 00:00:45.371 -- 00:00:50.298 events and are subject to change based on various important factors. 00:00:50.298 -- 00:00:54.764 In light of these risks, uncertainties, and assumptions, you should not place undue reliance 00:00:54.764 -- 00:00:59.230 on these forward-looking statements, which speak only as of the date of this call. 00:00:59.230 -- 00:01:04.232 For more details on factors that could affect these expectations, Please see our filings 00:01:04.232 -- 00:01:06.855 with the Securities and Exchange Commission. 00:01:06.855 -- 00:01:11.080 Now I'd like to turn the call over to Heritage Global's Chief Executive Officer, Mr. 00:01:11.080 -- 00:01:13.943 Ross Duff. Ross, go ahead. 00:01:13.943 -- 00:01...