Rand Capital Corporation (RAND) Q3 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.437 Greetings. Welcome to Rand Capital Corporation third quarter fiscal year 2025 financial 00:00:05.437 -- 00:00:10.322 results conference call. At this time, all participants are in a listen-only mode. 00:00:10.322 -- 00:00:13.945 If anyone should require operator assistance during the conference, please press star 00:00:13.945 -- 00:00:19.151 zero on your telephone keypad. Please note this conference is being recorded. 00:00:19.151 -- 00:00:24.536 I will now turn the conference over to Craig Mihaljevic, Investor Relations. 00:00:24.536 -- 00:00:26.558 Please proceed. 00:00:26.558 -- 00:00:30.730 Thank you. Good morning, everyone. We appreciate your interest in RAND Capital and for 00:00:30.730 -- 00:00:35.798 joining us today for our third quarter 2025 financial results conference call. 00:00:35.798 -- 00:00:40.024 On the line with me are Dan Pemberthy, our President and Chief Executive Officer, and 00:00:40.024 -- 00:00:43.929 Margaret Brechtel, our Executive Vice President and Chief Financial Officer. 00:00:43.929 -- 00:00:49.377 A copy of the release and slides that accompany our conversation is available at randcapital.com. 00:00:49.377 -- 00:00:52.381 If you're following along with the slide deck, please turn to slide two. 00:00:52.381 -- 00:00:54.925 I'd like to point out some important information. 00:00:54.925 -- 00:00:59.249 As you are likely aware, we may make forward-looking statements during this presentation. 00:00:59.249 -- 00:01:02.893 These statements apply to future events that are subject to risks and uncertainties, 00:01:02.893 -- 00:01:06.056 as well as other factors that could cause actual results to differ from where we are 00:01:06.056 -- 00:01:09.980 today. You can find a summary of these risks and uncertaint...