Offerpad Solutions Inc (OPAD) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.556 Good afternoon, and thank you for attending today's OfferPad 00:00:03.556 -- 00:00:06.159 first quarter 2025 earnings conference call. 00:00:06.159 -- 00:00:09.003 My name is Jayla, and I'll be your moderator for today. 00:00:09.003 -- 00:00:12.488 All lines will be muted in the presentation portion of the call with an opportunity for 00:00:12.488 -- 00:00:16.974 questions and answers at the end. I'd now like to turn the conference over to our host, 00:00:16.974 -- 00:00:20.937 Courtney Reed. Courtney, you may proceed. 00:00:21.881 -- 00:00:26.778 Good afternoon, and welcome to OfferPad's first quarter 2025 earnings call. 00:00:26.778 -- 00:00:31.405 I'm joined today by OfferPeds Chairman and Chief Executive Officer Brian Baer and Chief 00:00:31.405 -- 00:00:36.393 Financial Officer Peter Knag. During the call today, management will make forward-looking 00:00:36.393 -- 00:00:41.000 statements as defined in the Private Securities Litigation Reform Act of 1995. 00:00:41.000 -- 00:00:42.562 Forward-looking 00:00:42.562 -- 00:00:46.809 statements are inherently uncertain, and events could differ significantly from management's 00:00:46.809 -- 00:00:48.471 expectations. 00:00:48.471 -- 00:00:52.617 Please refer to the risks, uncertainties, and other factors relating to the company's 00:00:52.617 -- 00:00:55.376 business described in our filings with the U.S. 00:00:55.376 -- 00:00:57.840 Securities and Exchange Commission. 00:00:57.840 -- 00:01:03.190 Except as required by applicable law, OfferPad does not intend to update or alter forward-looking 00:01:03.190 -- 00:01:08.138 statements, whether as a result of new information, future events, or otherwise. 00:01:08.138 -- 00:01:12.606 On today's call, management will refer to certain non-...