Microbix Biosystems Inc. (MBX) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:01.773 Good morning, everyone. Thanks for joining us. 00:00:01.773 -- 00:00:06.678 We have an update with Microbix focused on their Q3 00:00:06.678 -- 00:00:09.681 fiscal financials that they reported this morning. 00:00:09.681 -- 00:00:12.945 For those of you who have not seen them, you can find them on CEEDAR and I believe the 00:00:12.945 -- 00:00:14.346 website. 00:00:14.346 -- 00:00:18.170 As always, I don't believe we're going to work off a presentation today, but I promise 00:00:18.170 -- 00:00:20.573 to get an updated one on the website later today. 00:00:20.573 -- 00:00:25.178 But as always, this presentation will contain forward-looking statements. 00:00:25.178 -- 00:00:28.241 If you'd like to know more about those, you can find them on the presentation on the 00:00:28.241 -- 00:00:33.870 company's website. And with me today, I have Cameron Groom, CEO, 00:00:33.870 -- 00:00:38.941 Ken Hughes, COO, and Jim Curry, CFO. I think the format will be Cameron's going to 00:00:38.941 -- 00:00:42.951 do a bit of an overview on the quarter, and then we'll jump into Q&A and then have closing 00:00:42.951 -- 00:00:48.428 remarks. With all of that out of the way, Cameron, nice to see you. 00:00:48.428 -- 00:00:50.312 Thank you, Deborah. Great to see you as well. 00:00:50.312 -- 00:00:53.916 And thank you, Ken and Jim also. 00:00:54.541 -- 00:00:59.572 This morning, we reported the results for our third quarter of fiscal 00:00:59.572 -- 00:01:01.276 2025. 00:01:01.276 -- 00:01:06.367 That's the quarter ended June 30, 2025. And it was interesting. 00:01:06.367 -- 00:01:11.557 a weak quarter, our weakest in about three years, due to 00:01:11.557 -- 00:01:16.567 lower sales to two clients, one to our distributor into 00:01:16.567 -- 00:01:21.917 ...