Red Cat Holdings, Inc. (RCAT) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.515 So much greetings and welcome to the Red Cat quarterly earnings. 00:00:04.515 -- 00:00:08.159 At this time, all participants are in a listen-only mode. 00:00:08.159 -- 00:00:11.582 The question-and-answer session will follow the formal presentation. 00:00:11.582 -- 00:00:14.345 As a reminder, this conference is being recorded. 00:00:14.345 -- 00:00:18.689 It is now my pleasure to introduce your host, Anki Hira, Investor Relations. 00:00:18.689 -- 00:00:21.710 Thank you, Anki. You may begin. 00:00:22.072 -- 00:00:26.305 Good afternoon and welcome to Red Cat's first quarter 2026 earnings conference call. 00:00:26.305 -- 00:00:32.191 Joining us are Red Cat CEO Jeff Thompson, COO Chris Erickson, and CFO Christian Morrison. 00:00:32.191 -- 00:00:36.154 Please note that certain information discussed on the call today will include forward-looking 00:00:36.154 -- 00:00:40.478 statements for future events at Red Cat's business strategy and future financial and 00:00:40.478 -- 00:00:43.421 operating performance, including Red Cat's target revenue. 00:00:43.421 -- 00:00:47.545 These forward-looking statements are only predictions and are subject to risk, uncertainties, 00:00:47.545 -- 00:00:51.328 and assumptions that are difficult to predict and may cause actual results to differ 00:00:51.328 -- 00:00:54.757 materially from those stated or implied by those statements. 00:00:54.757 -- 00:00:58.624 Certain of these risks, uncertainties, and assumptions are discussed in REDCAT's SEC 00:00:58.624 -- 00:01:04.353 filings, including its most recent annual report on Form 10-K and other SEC filings. 00:01:04.353 -- 00:01:08.020 These forward-looking statements reflect management's beliefs, estimates, and predictions 00:01:08.020 -- 00:01:11.686 as o...