MindWalk Holdings Corp. (HYFT) Q3 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Please be advised that today's conference is being recorded. Good morning, ladies and gentlemen. Thank you for joining us today for MindWalk Holdings Corp's third quarter fiscal year 2026 earnings call. MindWalk trades on the NASDAQ under the ticker HYFT. Today's call will be led by our Chief Executive Officer, Dr. Jennifer Bass, and our Chief Financial Officer, Scott Ariglotto. A copy of our financial statements in MD&A is available on our website at mindwalkai.com. A replay of today's call will be available on MindWalk's Investor Relations website following the conclusion of today's call. Before we begin, please note that today's discussion includes forward-looking statements. These statements are based on current expectations and involve risk and uncertainties that may cause actual results to differ materially. For more information, please refer to our filings with the SEC and Canadian securities regulators, including our most recent form 20-F. Unless otherwise noted, all financial figures discussed today are in Canadian dollars. I will now turn the call over to Dr. Jennifer Bass. You may begin. Thank you very much, and good morning everyone. This quarter, Mindwalk reported its third consecutive year-over-year revenue increase and advanced three pipeline programs toward data readouts. In addition, we recently signed our first one-year enterprise Lens AI platform contract. I will walk you through each of those. On revenue, year-over-year, we have grown three quarters in a row in a market where pharmaceutical demand for AI-driven discovery is accelerating. On the commercial model, our largest enterprise AI client recently signed a one-year Lend AI platform contract, the first of its kind for us, shifting a part of our revenue from project-based to contracted and rec...