William Li
President, CEO & Chairman

Welcome, everyone, to Knightscope headquarters here in Silicon Valley. Excited to walk you through our first quarter financials for 2026. But before we do that, we're going to get into the overall corporate strategy as we move to becoming a managed service provider. But before we do that, Apoorv?

Apoorv Dwivedi
Executive VP, Secretary & CFO

Thanks, Bill. This presentation contains forward-looking statements with the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Knightscope's strategy, the Event Risk acquisition and integration, expected revenue, gross margin, operating expenses, addressable market and the company's ability to fund operations and continue as a going concern.

Actual results may differ materially due to risks, including operating losses and substantial doubt about the company's ability to continue as a going concern, the need for additional capital, integration of Event Risk, customer concentration, supply chain and labor conditions, competition and NASDAQ listing requirements.

Please see risk factors in the company's SEC filings at the sec.gov website. Pro forma information is illustrative only. Forward-looking statements may speak only as of today. The company undertakes no obligation to update them, except as required by law. Please refer to the Q1 2026 Form 10-Q for the complete disclosure. With that, Bill?

William Li
President, CEO & Chairman

All right. Let's get into it. We're really excited to talk about building the nation's first Autonomous Security Force. And that is a unique combination of hardware, software and humans in an orchestrated format.

So let's talk a little bit about the escalation levels and the model behind that managed service