Operator

Good morning, and welcome to the Genie Energy Ltd's First Quarter 2026 Earnings Call. In today's presentation, Genie Energy management will discuss Genie's financial and operational results for the 3 months ended March 31, 2026. During prepared remarks by Genie's Chief Executive Officer, Michael Stein; and Chief Financial Officer, Avi Goldin. [Operators Instructions] After Avi Goldin's remarks, Michael and Avi will take questions from investors.

Any forward-looking statements made during this conference call, either in the prepared remarks or in the Q&A session, whether general or specific in nature, are subject to risks and uncertainties that may cause actual results to differ materially from those which the company anticipates. These risks and uncertainties include, but are not limited to the specific risks and uncertainties discussed in the reports that Genie Energy files periodically with the SEC.

Genie Energy assumes no obligation either to update any forward-looking statements that they have made or may make or to update the factors that may cause actual results to differ materially from those that they may forecast. In their presentation or in the Q&A session, Genie Energy's management may refer to adjusted EBITDA and other non-GAAP measures. The schedule provided in the Genie Energy earnings release reconciles adjusted EBITDA to the nearest corresponding GAAP measures.

Please note that the Genie Energy earnings release is available on the Investor Relations page of the Genie website. The earnings release has also been filed on a Form 8-K with the SEC. I will now turn the conference over to Michael Stein. Sir, you may begin.