Velo3D, Inc. (VELO) Q1 2025 Earnings Call

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WEBVTT 00:00:01.516 -- 00:00:07.023 Greetings and welcome to the Velo3D first quarter 2025 conference 00:00:07.023 -- 00:00:11.969 call. At this time, all participants are in a listen-only mode. 00:00:11.969 -- 00:00:15.313 The question and answer session will follow the formal presentation. 00:00:15.313 -- 00:00:19.618 If anyone should require operator assistance, please press star zero on your telephone 00:00:19.618 -- 00:00:23.502 keypad. As a reminder, this conference is being recorded. 00:00:23.502 -- 00:00:26.806 It's now my pleasure to introduce James Carbonara. 00:00:26.806 -- 00:00:29.888 Thank you, James. You may begin. 00:00:29.900 -- 00:00:35.726 Thank you. I'd like to welcome everyone to Velo3D's first quarter 2025 earnings call. 00:00:35.726 -- 00:00:39.370 During today's call, management will make forward-looking statements that are subject 00:00:39.370 -- 00:00:43.655 to various risks and uncertainties that are described in the Safe Harbor slide of today's 00:00:43.655 -- 00:00:48.740 presentation, today's press release, as well as the company's 2024 10-K 00:00:48.740 -- 00:00:51.363 and additional SEC filings. 00:00:51.363 -- 00:00:54.967 Please see those documents for additional information regarding those factors that may 00:00:54.967 -- 00:00:59.687 affect these forward-looking statements. Also, management will reference certain non-GAAP 00:00:59.687 -- 00:01:05.138 metrics during today's call. Please refer to the appendix of our presentation 00:01:05.138 -- 00:01:11.326 as well as today's earnings press release for the appropriate GAAP to non-GAAP reconciliations. 00:01:11.411 -- 00:01:15.677 The company has posted a set of PowerPoint slides providing additional details on its 00:01:15.677 -- 00:01:20.142 strategic initiatives and financial perfo...