Operator

Good day and thank you for standing by. Welcome to the Monolithic Power Systems, Inc. First Quarter 2026 Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. We are joined by speakers Michael Hsing, CEO and Founder of MPS; Rob Dean, interim CFO; Tony Balow, Vice President of Finance.

And now I would like to turn the conference over to Arthur Lee to read a safe harbor statement. Please go ahead.

Arthur Lee
Finance Manager

Earlier today, MPS released a written commentary on our results of operations for the first quarter ended March 31, 2026. This document can be found on our website.

Before we begin, I would like to remind everyone that in the course of today's presentation, we may make forward-looking statements and projections within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risk and uncertainties. The risk, uncertainties and other factors that could cause actual results to differ from these forward-looking statements are identified in the safe harbor statements contained in the Q1 2026 earnings commentary and in our