Velo3D, Inc. (VELO) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.938 and welcome to the Velo3D Fiscal Year 2025 Financial Results. 00:00:05.938 -- 00:00:09.603 At this time, all participants are in a listen-only mode. 00:00:09.603 -- 00:00:13.287 A question and answer session will follow the formal presentation. 00:00:13.287 -- 00:00:17.853 If anyone should require operator assistance during the conference, please press star 00:00:17.853 -- 00:00:22.679 zero on your telephone keypad. As a reminder, this conference is being recorded. 00:00:22.679 -- 00:00:28.617 It is now my pleasure to introduce your host, James Carbonara, Hayden Investor Relations. 00:00:28.617 -- 00:00:31.400 Thank you, James. You may begin. 00:00:31.400 -- 00:00:34.343 Thank you, Operator. Good afternoon, 00:00:34.343 -- 00:00:39.327 and welcome to Velo3D's fourth quarter and full year 2025 earnings call. 00:00:39.327 -- 00:00:44.232 Before we begin, please note that today's call will contain forward-looking statements 00:00:44.232 -- 00:00:46.592 within the means 00:00:46.995 -- 00:00:51.419 or max of 1995. These statements are subject to risks and uncertainties that could cause 00:00:51.419 -- 00:00:56.604 actual results to differ materially from those projected Please refer to our press release 00:00:56.604 -- 00:01:02.151 issued earlier today as well as our filings with the SEC, including our 2025 00:01:02.151 -- 00:01:06.176 Form 10-K for discussion of these risks. 00:01:06.176 -- 00:01:10.461 We will also reference certain non-GAAP financial measures during the call. 00:01:10.461 -- 00:01:15.046 Reconciliations between GAAP and non-GAAP results can be found in today's press release, 00:01:15.046 -- 00:01:18.931 which is available on the investor relations section of our website. 00:01:18.931 -- 00:01:23.123 A replay of this...