Daniel Baker
CEO, President & Director

Good afternoon, and welcome to the NVE Corporation conference call for the quarter and fiscal year ended March 31, 2026. I'm Dan Baker, NVE's President and CEO. I'm joined by Daniel Nelson, our Principal Financial Officer; and Pete Eames, Vice President of Advanced Technology.

This call is being webcast live by YouTube and Google Meet and being recorded. A replay will be available through our website, nve.com, and our YouTube channel, youtube.com/nvecorporation. [Operator Instructions]

After my opening comments, Daniel Nelson will present our financial results. Pete will cover new products and R&D. I'll cover sales and marketing, and then we'll open the call to questions. Note that we're using a new call-in service this quarter with a different phone number. The call-in number and PIN are in our press release and in the Investor Events section of our website.

We issued our press release with summary financial results and filed our annual report on Form 10-K in the past hour, following the close of market. The press release has financial results for the quarter in addition to the fiscal year. Links to the press release and 10-K are available through our website, the SEC's website and X, formerly known as Twitter. Also, this afternoon, we posted a new Sustainability Report on our website. The new report replaces and supersedes our Task Force on Climate-related Financial Disclosures, or TCFD report.

The new report covers climate, employees and governance. And we also highlight the positive impact of our products on people