Applied Blockchain, Inc. (NASDAQ:APLD) Q3 2022 Earnings Conference Call May 13, 2022 9:00 AM ET

Company Participants

Jeff Grampp - IR, Gateway Group, Inc.

Wes Cummins - CEO

David Rench - CFO

Conference Call Participants

Lucas Pipes - B. Riley

John Todaro - Needham

Mike Grondahl - Northland Securities

Rob Brown - Lake Street Capital

Chris Brendler - D. A. Davidson

Operator

Good morning and welcome to Applied Blockchain's Fiscal Third Quarter 2022 Conference Call. My name is Doug, and I'll be your operator today.

Before this call Applied Blockchain issued a financial results for their fiscal third quarter ended February 28, 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 you 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 public filings made with the Securities and Exchange Commission. We disclaim any obligation or undertaking to update for the statements to reflect circumstances or events that occur after the date of 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 and the reconciliation tables to applicable GAAP measures in our earnings release 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 variables circumstances including, but not limited to risks and uncertainties identified under the caption Risk Factors in our IPO Prospectus. You may get Applied Blockchain's Securities and Exchange Commission filings for free by visiting the SEC website @www.sec.gov.