Operator

Greetings. Welcome to the Firefly Aerospace First Quarter 2026 Financial Results Conference Call. [Operator Instructions] Please note, this conference call is being recorded.

I will now turn the conference over to Michael Sheetz, Firefly's Director of Investor Relations. Michae, you may begin.

Michael Sheetz
Director of IR

Thank you, operator. Hello there, and may the fourth be with you. I'm Michael Sheetz, and welcome to Firefly's First Quarter Financial Results Call. I'm pleased to be joined on the call by CEO, Jason Kim; and CFO, Darren Ma, as we report for the period ending March 31, 2026.

Today's call will include forward-looking statements, including, but not limited to, statements the company will make about its future financial and operating performance, growth strategy and market outlook. Actual results may differ materially from those contemplated by these forward-looking statements. Factors that could cause the actual results and trends to differ materially are set forth in our annual and quarterly reports filed with the SEC. Firefly assumes no obligation to update any forward-looking statements, which speak only as of their respective dates.

Also, in this call, we will discuss both GAAP and non-GAAP financial measures. A reconciliation of GAAP to non-GAAP measures is included in the first quarter 2026 earnings release. Unless otherwise stated, financial information referenced in this call will be non-GAAP. Our earnings press release, SEC filings and a replay of