VirTra, Inc. (VTSI) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to Vertra's fourth quarter and full year 2025 earnings conference call. My name is Diego 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 Boudreau. Following the remarks, we will open the call for questions. Before we begin the call, I would like to provide Vertra'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.Vertra.com. Now, I'd like to turn the call over to Vertra CEO, Mr. John Givens. Thank you. You may proceed, sir. Thank you, Diego, and thank you, everyone, for joining us this afternoon. After the market closed today, we issued the press release that provided our financial results for the fourth quarter. and the full year ending December 31st, 2025, along with an update of our business and operating environment. 2025 was defined by an extended and highly atypical disruption in federal funding. These delays affected the timing of awards, procurement activities, and ultimately system deliveries across our core markets. As a result, our reported revenue does not fully reflect the level of underlying deman...