Aspen Aerogels, Inc. (NYSE:ASPN) Q1 2023 Earnings Conference Call May 4, 2023 8:30 AM ET

Company Participants

Neal Baranosky - Senior Director, Corporate of Strategy & Finance

Donald Young - President & CEO

Ricardo Rodriguez - CFO

Conference Call Participants

Eric Stine - Craig-Hallum

Ben Johnson - Piper Sandler

Colin Rusch - Oppenheimer

Jeffrey Osborne - Cowen

George Gianarikas - Canaccord Genuity

Christopher Souther - B. Riley

Operator

Good morning. Thank you for attending the Aspen Aerogels, Inc. Q1 2023 Financial Results Conference Call. All lines will be muted during the presentation portion of the call with an opportunity for questions-and-answers at the end.

I would now like to turn the conference over to your host, Neal Baranosky Aspen's Senior Director, Corporate of Strategy and Finance. Thank you. You may proceed, Mr. Baranosky.

Neal Baranosky

Thank you, Alexis. Good morning, and thank you for joining us for the Aspen Aerogels fiscal year 2023 first quarter financial results conference call. With us today are Don Young, President and CEO; and Ricardo Rodriguez, Chief Financial Officer.

There are a few housekeeping items, I would like to address before turning the call over to Don. The press release announcing Aspen's financial results and business developments as well as a reconciliation of management's use of non-GAAP financial measures compared to the most applicable U.S. generally accepted accounting principles or GAAP measures is available on the Investors section of Aspen's website, www.aerogel.com.

Included in the press release is a summary statement of operations, a summary balance sheet, and a summary of key financial and operating statistics for the 2023 first quarter ended March 31, 2023. In addition, I'd like to highlight that we've uploaded to our website a slide deck that will accompany our conversation today. You can find the deck at the Investors section of our website. An archive of today's webcast will be on our website for approximately one year.

Please note that any discussion today will include forward-looking statements, including any statement regarding outlook, expectations, beliefs, projections, estimates, targets, prospects, business plans and any other statement that is not a historical fact. These forward-looking statements are subject to risks and uncertainties. Aspen actual results may differ materially from those expressed in these forward-looking statements.

A list of factors that could affect the company's actual results can be found in Aspen's press release issued yesterday, Page 1 of the presentation and I'll discuss in more detail on the reports Aspen files with the SEC, particularly in the company's most recent annual report on Form 10-Q.