Operator

Good day, and welcome to the CEVA, Inc. First Quarter 2026 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Richard Kingston, Vice President of Market Intelligence and Investor Relations. Please go ahead.

Richard Kingston
Vice President of Market Intelligence, Investor & Public Relations

Thank you, Betsy. Good morning, everyone, and welcome to CEVA's First Quarter 2026 Earnings Conference Call. Joining me today are Amir Panush, Chief Executive Officer; and Yaniv Arieli, Chief Financial Officer of CEVA. Before handing over to Amir, I would like to remind everyone that today's discussion contains forward-looking statements that involve risks and uncertainties as well as assumptions that if they materialize or prove incorrect, could cause the results of CEVA to differ materially from those expressed or implied by such forward-looking statements and assumptions. We will also be discussing certain non-GAAP financial measures, which we believe provide a meaningful analysis of our core operating results and comparison of quarterly results.

Please see the earnings release we issued this morning for a reconciliations of our non-GAAP financial measures. Our earnings release can be found in the SEC filings section of our Investor Relations website.

With that said, I'd like to turn the call over to Amir, who will review our business performance for the quarter and provide