Palladyne AI Corp. (PDYN) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.117 Greetings and welcome to Paladine AI first quarter 2026 earnings conference 00:00:05.117 -- 00:00:09.362 call. At this time, all participants are on a listen-only mode. 00:00:09.362 -- 00:00:12.346 A question and answer session will follow the formal presentation. 00:00:12.346 -- 00:00:17.472 If anyone requires operator assistance during the conference, please press star zero 00:00:17.472 -- 00:00:21.877 on your telephone keypad. As a reminder, this conference is being recorded. 00:00:21.877 -- 00:00:27.504 It is now my pleasure to introduce your host, Brian Siegel with Hayden IR. 00:00:27.504 -- 00:00:30.385 Thank you. Please go ahead. 00:00:30.912 -- 00:00:36.159 And welcome to Paladine AI's first quarter 2026 earnings conference call. 00:00:36.159 -- 00:00:40.825 Joining me on the call today are Ben Wolfe, President and Chief Executive Officer, and 00:00:40.825 -- 00:00:45.672 Trevor Thatcher, Chief Financial Officer. Earlier this morning, Paladine issued a press 00:00:45.672 -- 00:00:50.598 release announcing financial results for the first quarter ended March 31st, 2026, 00:00:50.598 -- 00:00:55.565 along with updated commentary regarding backlog and reiterated 2026 00:00:55.565 -- 00:00:59.785 revenue guidance. A copy of that release, along with the accompanying financial tables, 00:00:59.785 -- 00:01:03.868 is available on the IR section at Paladine AI's website. 00:01:03.868 -- 00:01:07.572 Today's call will include prepared remarks from Ben and Trevor, followed by a question 00:01:07.572 -- 00:01:11.955 and answer session. During the call, management will make forward-looking statements 00:01:11.955 -- 00:01:14.718 within the meanings of the federal securities laws. 00:01:14.718 -- 00:01:19.522 These statements include, bu...