Operator

Good morning, everyone, and welcome to the Route1 First Quarter 2026 Shareholder Update Conference Call and Webcast. [Operator Instructions] As reminder, ladies and gentlemen, this call is being recorded today, Friday, May 15, 2026. I would now like to turn the call over to Mr. Tony Busseri, Route1's President and Chief Executive Officer. Sir, please go ahead.

Tony Busseri
CEO, President & Director

Thank you very much, and good morning, all. It's been a moment since we've done a shareholder call and webcast. I'm glad to be back with you. A lot has happened since our last call. Let's get right into it, if that's okay with you. Just before we go through legal notices, Q1 represented an important operational quarter for our company as we continued executing against our long-term strategy of expanding recurring operational engagement, intelligence capabilities and AI-assisted workflow support within the parking and mobility industries.

The quarter was not about declaring victory, though. It was about continuing to build the operational and strategic foundation required to support scalable long-term growth. Today, I'm going to walk through the Q1 results, operational progress achieved during the quarter, the market developments management believes are increasingly important and why we believe our position continues strengthening as the industry evolves. So let me read the pro forma legal notice. As described on this slide and the company's slide, I'd like to inform listeners that this presentation contains statements that are not current or historically factual statements that may constitute forward-looking statements.

These statements are based on certain factors and assumptions, including expected financial performance, business prospects, technological developments and development activities and like matters. While Route1 considers these factors and