The RealReal, Inc. (REAL) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.096 Good day and thank you for standing by. Welcome to the RealReal first quarter 2025 00:00:05.096 -- 00:00:10.141 financial results conference call. At this time all participants are in a 00:00:10.141 -- 00:00:14.906 listen-only mode. After the speaker's presentation there will be a question and answer 00:00:14.906 -- 00:00:19.731 session. To ask a question during the session you will need to press star 1 1 on your 00:00:19.731 -- 00:00:24.836 telephone. You will then hear an automated message advising your hand is raised. 00:00:24.836 -- 00:00:28.381 To withdraw your question please press star 1 1 again. 00:00:28.381 -- 00:00:31.485 Please be advised that today's conference is being recorded. 00:00:31.485 -- 00:00:36.771 I would now like to hand the conference over to your speaker today, Caitlin Howe, Senior 00:00:36.771 -- 00:00:40.853 Vice President of Finance. Please go ahead. 00:00:42.257 -- 00:00:47.423 Thank you, Operator. Joining me today to discuss our results for the period ended 00:00:47.423 -- 00:00:49.806 March 31st, 2025, 00:00:49.806 -- 00:00:55.092 our Chief Executive Officer and President, Ratsi Levesque, and Chief Financial 00:00:55.092 -- 00:00:57.777 Officer, Ajay Gopal. 00:00:57.777 -- 00:01:02.763 Before we begin, I'd like to remind you that during today's call, we will make forward-looking 00:01:02.763 -- 00:01:07.849 statements which involve known and unknown risks and uncertainties. 00:01:07.849 -- 00:01:12.815 Our actual results may differ materially from those suggested in such statements. 00:01:12.815 -- 00:01:17.680 You can find more information about these risks, uncertainties, and other factors that 00:01:17.680 -- 00:01:23.267 could affect our operating results in the company's most recent Form 10-K an...