VirTra, Inc. (VTSI) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to VRTRA's first quarter 2025 earnings conference call. My name is Maria, and I will be your operator for today's call. Joining us for today's presentation are the company's CEO, John Givens, and CFO, Alana Boudreaux. Following their remarks, we will open the call for questions. Before we begin the call, I would like to provide VRTRA's safe harbor statement that includes cautions regarding forward-looking statements made during this call. During this presentation, management may discuss financial projections, information, or expectations about the company's products and services, or markets or otherwise make statements about the future, which are forward-looking and subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. The company does not undertake any obligation to update them as required by law. Finally, I'd like to remind everyone that this call will be made available for replay via a link in the investor relations section on the company's website at www.virtua.com. Now, I'd like to turn the call over to Virtua's CEO, Mr. John Gibbons. Thank you, and you may proceed, sir. Thank you, Maria, and thank you, everyone, for joining us this afternoon. After the markets closed today, we issued a press release that provided our financial results for the first quarter ending March 31st of 2025. along with the highlighted business accomplishments. We began the year with a continued focus on operational execution and saw encouraging signs across several areas. While the quarter was not without its challenges, we posted a return to gap profitability, strong gross margins, and continued progress in both sales efficiencies and operational scalability. In today's environment, wher...