Aspen Aerogels, Inc. (NYSE:ASPN) Q1 2022 Earnings Conference Call April 28, 2022 10:00 AM ET

Company Participants

Don Young - President & CEO

Ricardo Rodriguez - CFO

Keith Schilling - SVP, Technology

Laura Guerrant - IR

Conference Call Participants

Eric Stine - Craig-Hallum

Alex Potter - Piper Sandler

Jed Dorsheimer - Canaccord Genuity

Chip Moore - EF Hutton

Chris Souther - B. Riley

Colin Rusch - Oppenheimer

Tom Curran - Seaport Research Partners

Jeff Osborne - Cowen & Company

Amit Dayal - H.C. Wainwright

Operator

Good morning. Thank you for attending the Aspen Aerogels Incorporated Q1 2022 Earnings 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, Laura Guerrant, Aspen’s Vice President, Investor Relations and Corporate Communications. Thank you. You may proceed, Ms. Guerrant.

Laura Guerrant

Thank you, Emily. Good morning, and thank you for joining us for the Aspen Aerogels fiscal year 2022 first quarter financial results conference call. With us today are Don Young, President and CEO; Ricardo Rodriguez, Chief Financial Officer, and Keith Schilling, Senior Vice President, Technology

There are a few housekeeping items that I’d 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 US 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 of balance sheet, and a summary of key financial and operating statistics for the 2022 first quarter ended March 31, 2022. In addition, I’d like to highlight that we have 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 site for approximately one year.

Please note that our 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 Aerogels’ 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 are discussed in more detail on the reports Aspen files with the SEC, particularly in the company’s most recent Annual Report on Form 10-K. The company’s press release issued yesterday, and filings with the SEC, can also be found in the Investors section of Aspen’s website. Forward-looking statements made today represent the company’s views as of today, April 28, 2022. Aspen Aerogels disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.