Operator

Hello. Good morning, everyone. Welcome to Medical Facilities Corporation's 2026 [ First ] Quarter Earnings Call. [Operator Instructions] Before turning the call over to management, listeners are reminded that today's call may contain forward-looking statements within the meaning of the safe harbor provisions of Canadian provincial securities law. Forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on such statements. Certain material factors or assumptions are applied in making forward-looking statements and may differ in actual material from those expressed or implied in such statements. For additional information, please consult the MD&A for this quarter, the Risk Factors section of the annual information form and Medical Facilities' other filings with Canadian securities regulators. Medical Facilities does not undertake to update any forward-looking statements, except as required by law. Such statements speak only as of the date made. And now I would like to turn the meeting over to Mr. Jason Redman, President and CEO of Medical Facilities. Please go ahead, sir.

Jason Redman
President, CEO & Executive Director

Good morning, everyone, and thank you for joining us. On the call with me is our Chief Financial Officer, David Watson. Earlier this morning, we reported our first quarter results. Our news release, financial statements and MD&A are available on our website and have been filed on SEDAR+.

Before we begin, I'd like to point out that the income statement variances David and I will be discussing this morning relate only to continuing operations, and therefore, exclude Oklahoma Spine Hospital and the Surgery Center of Newport Coast. The variances also exclude noncontrollable noncash corporate level charges related to share-based