Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Urban One 2026 First Quarter Earnings Call. As a reminder, this conference is being recorded. We will begin this call with the following safe harbor statement.

During this conference call, Urban One will be sharing with you certain projections or other forward-looking statements regarding future events or its future performance. Urban One cautions you that certain factors, including risks and uncertainties referred to in the 10-Ks, 10-Qs and other reports it periodically files with the Securities and Exchange Commission could cause the company's actual results to differ materially from those indicated by its projections or forward-looking statements. This call will present information as of May 14, 2026.

Please note that Urban One disclaims any duty to update any forward-looking statements made in the presentation. In this call, Urban One may also discuss some non-GAAP financial measures in talking about its performance. These measures will be reconciled to GAAP either during the course of this call or in the company's press release, which can be found on its website at www.urbanone.com.

A replay of the conference call will be available from 2:00 p.m. Eastern Daylight Time, May 14, 2026, until 11:59 p.m. Eastern Daylight Time, May 21, 2026. Callers may access the replay by calling 1 (800) 770-2030. International callers may dial direct 1-609-800-9909. The replay access code is 3438559.

Access to live audio and a replay of the conference will also be available on Urban One's corporate website at www.urban1.com. The replay