Palladyne AI Corp. (PDYN) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to the Paladine AI fourth quarter and year-end 2025 earnings call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. I would now like to turn the call over to your host, Brian Siegel, Investor Relations. Thank you. You may begin. Morning and welcome to Paladine AI's fourth quarter and full year 2025 earnings conference call. Joining me on the call today are Ben Wolf, President and Chief Executive Officer, and Trevor Thatcher, Chief Financial Officer. Earlier this morning, Paladine AI issued a press release announcing its financial results for the fourth quarter of the full year ended December 31st, 2025, along with updated commentary regarding backlog and its reiterated 2026 revenue guidance. A copy of that release, along with the accompanying financial tables, is available on the investor relations section of Paladine's website. Today's call will include prepared remarks from Ben and Trevor, followed by a question and answer session. During today's call, management will make forward-looking statements within the meaning of the federal securities laws. These statements include, but are not limited to, statements regarding Paladine's 2026 revenue guidance, expected backlog conversion, anticipated quarterly operating cash usage, product development milestones, commercialization timelines, defense program activity, potential customer adoption, market opportunities, and future strategic positioning across air, space, land, and maritime domains. Forward-looking statements are based on current expectations, assump...