XOMA Royalty Corporation (XOMA) Q4 2025 Earnings Call

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WEBVTT 00:00:00.537 -- 00:00:06.324 Good day, everyone. My name is Kahe Alani, and I'll be your conference operator today. 00:00:06.324 -- 00:00:11.691 At this time, I would like to welcome you to the ZOMA Royalty 2025 Financial Results 00:00:11.691 -- 00:00:16.458 and Business Highlights Investor Call. All lines have been placed on mute to prevent 00:00:16.458 -- 00:00:18.580 any background noise. 00:00:18.580 -- 00:00:22.646 After the speaker's remarks, there will be a question and answer session. 00:00:22.646 -- 00:00:27.512 If you'd like to ask a question during this time, and if you have joined via the webinar, 00:00:27.512 -- 00:00:33.564 please use the raise hand icon which can be found at the bottom of your webinar application. 00:00:33.564 -- 00:00:39.613 At this time, I'd like to turn the call over to Julianne Snowden, Investor Relations. 00:00:39.613 -- 00:00:44.741 Good morning, everyone, and welcome to the Zoma Royalty fourth quarter and full year 00:00:44.741 -- 00:00:49.785 2025 earnings call. Earlier today, we issued our financial 00:00:49.785 -- 00:00:55.012 results press release, which is available in the investor relations section 00:00:55.012 -- 00:00:58.794 of our website at www.zoma.com. 00:01:00.479 -- 00:01:06.226 A replay of this call will be available on our website following the webcast. 00:01:06.226 -- 00:01:11.373 Joining me today are Owen Hughes, Chief Executive Officer, Brad 00:01:11.373 -- 00:01:16.659 Sitko, Chief Investment Officer, and Jeff Tregilio, Chief Financial 00:01:16.659 -- 00:01:18.213 Officer. 00:01:18.213 -- 00:01:23.304 During today's call, we will review our 2025 financial results, 00:01:23.304 -- 00:01:28.335 discuss recent business development activity and portfolio updates 00:01:28.335 -- 00:01:32.944 and provide com...