Archer Aviation Inc. (NYSE:ACHR) Q4 2022 Earnings Conference Call March 9, 2023 5:00 PM ET

Company Participants

Andy Missan – Chief Legal Officer

Adam Goldstein – Founder and Chief Executive Officer

Tom Muniz – Chief Operating Officer

Mark Mesler – Chief Financial Officer

Conference Call Participants

David Zazula – Barclays

Savi Syth – Raymond James

Andres Sheppard – Cantor Fitzgerald

Edison Yu – Deutsche Bank

Bill Peterson – JP Morgan

Operator

Good afternoon. Thank you for attending today’s Archer Aviation Inc. Q4 2022 Financial Results Conference Call. My name is Bethany, and I will be the moderator for today’s call. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. [Operator Instructions]

I would now like to pass the conference over to our host, Andy Missan, Chief Legal Officer with Archer Aviation. Please go ahead.

Andy Missan

Thank you, operator. Good afternoon, everyone and thank you for joining us today to review Archer’s Q4 and full year 2022 operating and financial results. My name is Andy Missan, the Chief Legal Officer of Archer Aviation. On the call today is Adam Goldstein, our Founder and CEO; Mark Mesler, our CFO; and Tom Muniz, our COO. We posted a shareholder letter detailing our Q4 and full year 2022 operating and financial results to our IR website. This call is being recorded, and an archive will be available on our IR website.

Before we begin, I would like to remind everyone that during today’s call, we will be making forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual events or actual future results to differ materially from those expressed or implied in the forward-looking statements on this call. Those risks and uncertainties are described in the Risk Factors section of our last annual report on Form 10-K, our Form 10-Q filed since then, and other filings with the Securities and Exchange Commission available on the SEC’s website and on our IR website. Except as required by law, we disclaim any obligation to update or make revisions to such forward-looking statements as a result of new information or future events.

Also please note, on this call, certain financial measures are presented on a non-GAAP basis. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measures are included in our shareholder letter posted on our IR website. We will begin with commentary and then we’ll open up the call to questions.