Applied Blockchain, Inc. (NASDAQ:APLD) Q4 2022 Earnings Conference Call August 25, 2022 5:00 PM ET

Company Participants

Jeff Grampp - IR, Gateway Group, Inc

Wes Cummins - CEO

David Rench - CFO

Conference Call Participants

Chris Brendler - D. A. Davidson

Lucas Pipes - B. Riley

John Todaro - Needham

Mike McHugh - Northland Securities

Rob Brown - Lake Street Capital

George Sutton - Craig Hallum

Kevin Dede - HC Wainwright

Operator

Good afternoon. And welcome to Applied Blockchain's Fiscal Fourth Quarter and Full Year Ended May 31, 2022 Conference Call. My name is Andria, and I'll be your operator today.

Before this call Applied Blockchain issued its financial results for their fiscal fourth quarter and full year ended May 31, 2022, in a press release. A copy of which will be furnished in a report on Form 8-K filed with the SEC, and will be available in the Investor Relations section of the company's website.

Joining us on today's call are Applied Blockchain's Chairman and CEO, Wes Cummins; and CFO, David Rench. Following their remarks, we will open the call for questions.

Before we begin, Jeff Grampp from Gateway Group will make a brief introductory statement. Mr. Grampp, please proceed.

Jeff Grampp

Thank you. Good morning everyone and welcome. Before management begins their formal remarks, we need to remind everyone that some statements we're making today may be considered forward-looking statements under securities law and involve a number of risks and uncertainties. As a result, we caution you that there are a number of factors many of which are beyond our control, which could cause actual results and events to differ materially from those described in the forward-looking statements.

For more detailed risks, uncertainties, and assumptions relating to our forward-looking statements, please see the disclosures in our earnings release and a public filings made with the Securities and Exchange Commission. We disclaim any obligation or undertaking to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made, except as required by law. We will also discuss non-GAAP financial metrics and encourage you to read our disclosures in the reconciliation tables to applicable GAAP measures in our earnings released carefully as you consider these metrics. We refer you to our filings with the Securities and Exchange Commission for detailed disclosures and descriptions of our business, as well as uncertainties and other variable circumstances, including but not limited to risks and uncertainties identified under the caption risk factors and our IPO prospectus. You may get Applied Blockchain Securities and Exchange Commission filings for free by visiting the SEC website @sec.gov. I would like to remind everyone that this call is being recorded and will be made available via a link in the investor relations section of Applied Blockchain’s website.