Operator

Hello, everyone. Thank you for joining us, and welcome to Dragonfly Energy's First Quarter 2026 Earnings Conference Call. [Operator Instructions].

I will now hand the conference over to Szymon Serowiecki. Please go ahead.

Szymon Serowiecki

Thank you, operator. We appreciate you joining us for today's call. Joining me here today, Dr. Denis Phares, Dragonfly Energy's Chairman, President and Chief Executive Officer; and Wade Seaburg, Chief Commercial Officer.

Before I turn the call over to Denis, I'd like to make a brief statement regarding forward-looking remarks. During this call, the company will be making forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 based on current expectations. These forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Actual results may differ due to factors noted in the press release and in periodic SEC filings. Management will reference some non-GAAP financial measures. Reconciliation to the nearest corresponding GAAP measure can be found in today's release on the company's website. Please note that all comparisons will be discussed today are on a year-over-year basis unless otherwise noted.

I'll now turn the call over to Denis.

Denis Phares
Founder, Chairman of the Board, President, CEO & Interim CFO

Thank you, Szymon, and thank you, everyone, for joining us today. First quarter results came in above guidance on both net sales and adjusted EBITDA and reflected a softer RV environment as expected. The