Operator

Good morning, and thank you for standing by. Welcome to PodcastOne's Fiscal Fourth Quarter and Full Year-Ended March 31, 2026 Financial Results and Business Update Conference Call. [Operator Instructions] Presenting on today's call is Kit Gray, President and Founder of PodcastOne, and Craig Christensen, Interim Chief Financial Officer.

I would like to remind you that some of the statements made on today's call are forward-looking and based on current expectations, forecasts and assumptions that involve various risks and uncertainties. These statements include, but are not limited to, statements regarding the future performance of the company, including expected future financial results and expected future growth in the business. Actual results may differ materially from those discussed on this call for a variety of reasons.

Please refer to the company's filings with the SEC for information about factors which could cause the company's actual results to differ materially from these forward-looking statements, including those described in its annual report on Form 10-K for the year ended March 31, 2026, and subsequent SEC filings.

You'll find reconciliations of non-GAAP financial measures to the most comparable GAAP financial measures discussed today in the company's earnings release, which is posted on its Investor Relations website. The company encourages you to periodically visit its Investor Relations website for important content. The following discussion, including responses to your questions, contains time-sensitive information and reflects management's view as of the date of this call, June 24, 2026. And except