Red Cat Holdings, Inc. (RCAT) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.419 Good afternoon and welcome to Redcats third quarter 2025 earnings conference 00:00:05.419 -- 00:00:11.187 call. My name is Steve and I'll be your operator for today's call. 00:00:11.187 -- 00:00:16.334 Joining us are the Redcats CEO Jeff Thompson and CFO Chris 00:00:16.334 -- 00:00:18.334 Erickson. 00:00:18.537 -- 00:00:23.504 Please note that certain information discussed on today's call will include forward-looking 00:00:23.504 -- 00:00:28.491 statements of our future events and Redcats business strategy and future financial and 00:00:28.491 -- 00:00:30.932 operating performance. 00:00:31.351 -- 00:00:36.738 These forward-looking statements are only prediction and are subject to risk, uncertainties, 00:00:36.738 -- 00:00:41.905 and absorption that are difficult to predict and may cause actual results to differ 00:00:41.905 -- 00:00:47.250 materially from those started or implied by those statements. 00:00:47.713 -- 00:00:52.800 Certain of this risk, uncertainties, and absorption are discussed in REDCAT's 00:00:52.800 -- 00:00:57.968 SEC filings, including its most recent annual report on Form 00:00:57.968 -- 00:01:01.770 10-K and other SEC filings. 00:01:01.928 -- 00:01:07.476 These forward-looking statements reflect management's belief, estimate, and prediction 00:01:07.476 -- 00:01:12.283 as on date of this live broadcast, November 13, 2025, 00:01:12.283 -- 00:01:18.332 and that card undertakes no obligation to revise or update any forward-looking statements 00:01:18.332 -- 00:01:23.817 to reflect events or circumstances after the date of this call. 00:01:28.540 -- 00:01:33.415 In addition, our comments on the call today contains reference to non-GAAP financial 00:01:33.415 -- 00:01:38.532 measures such as adjusted EBITDA and k...