Offerpad Solutions Inc (OPAD) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.499 Good afternoon and welcome to Offerpad's fourth quarter and full year 2025 earnings 00:00:05.499 -- 00:00:09.605 conference call. My name is Kara and I will be your conference operator today. 00:00:09.605 -- 00:00:14.972 At this time, all participant lines have been placed on mute to prevent 00:00:14.972 -- 00:00:20.160 any background noise. After management's prepared remarks, we will open the call 00:00:20.160 -- 00:00:25.148 for a question and answer session. If you would like to ask a question, please press 00:00:25.148 -- 00:00:28.934 star followed by the number one on your telephone keypad. 00:00:28.934 -- 00:00:32.941 To withdraw your question, press the hashtag pound key. 00:00:32.941 -- 00:00:37.629 And with that, I'll turn the call over to Courtney Reed, OfferPad's Vice President of 00:00:37.629 -- 00:00:40.931 Investor Relations and Communications. 00:00:41.215 -- 00:00:45.712 Good afternoon and welcome to OfferPad's fourth quarter 2025 earnings call. 00:00:45.712 -- 00:00:49.578 During the call today, management will make forward-looking statements as defined in 00:00:49.578 -- 00:00:52.602 the Private Securities Litigation Reform Act of 1995. 00:00:52.602 -- 00:00:54.345 Forward-looking 00:00:54.345 -- 00:00:58.290 statements are inherently uncertain and events could differ significantly from management's 00:00:58.290 -- 00:00:59.833 expectations. 00:00:59.833 -- 00:01:03.638 Please refer to the risks, uncertainties, and other factors relating to the company's 00:01:03.638 -- 00:01:06.082 business described in our filings with the U.S. 00:01:06.082 -- 00:01:11.049 Securities and Exchange Commission. Except as required by applicable law, OfferPad does 00:01:11.049 -- 00:01:16.015 not intend to update or alter forward-lo...