Realbotix Corp. (XBOT) Q1 2026 Earnings Call

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WEBVTT 00:00:01.330 -- 00:00:03.894 Hello, and welcome to the Realbotics Financial Update Call. 00:00:03.894 -- 00:00:08.560 My name is Jennifer, and today we are joined by CEO Andrew Kegel and CFO Scott Myers. 00:00:08.560 -- 00:00:10.744 At this time, everyone is in a listen-only mode. 00:00:10.744 -- 00:00:13.608 Later, we will be conducting a question-and-answer session. 00:00:13.608 -- 00:00:17.353 If you have a question, please submit it into the Q&A section located at the bottom of 00:00:17.353 -- 00:00:20.237 your screen. I will now try to call over to Andrew. 00:00:20.237 -- 00:00:21.980 Thanks, Jennifer. 00:00:21.980 -- 00:00:26.126 Welcome, everybody, to our call, I guess, for year-end in Q1. 00:00:26.126 -- 00:00:31.132 As people know, I don't do sort of the traditional thing, but I sort of wanted to just 00:00:31.132 -- 00:00:33.714 chat about the business and some various things. 00:00:33.714 -- 00:00:38.759 I want to talk first about some of the areas in the business or business that 00:00:38.759 -- 00:00:44.703 need work, and then talk somewhat about the positives and then outlook. 00:00:45.666 -- 00:00:51.591 So not in any particular order, but our reporting and finance structure 00:00:51.591 -- 00:00:55.355 certainly proved last year, certainly proved to be a weakness for the company. 00:00:55.355 -- 00:00:59.078 Our previous CFO was a contractor, 00:00:59.078 -- 00:01:04.019 not an employee. and in retrospect, not well equipped to handle the business as it was 00:01:04.019 -- 00:01:06.222 growing and we were pivoting out of crypto. 00:01:06.222 -- 00:01:10.568 He also had a bunch of personal issues to deal with and this had a negative impact in 00:01:10.568 -- 00:01:16.335 a few ways, primarily in us not having the adequate controls to ensure a smo...