KORU Medical Systems, Inc. (NASDAQ:KRMD) Q4 2022 Earnings Conference Call March 8, 2023 4:30 PM ET

Company Participants

Hannah Jeffrey - Investor Relations

Linda Tharby - President and Chief Executive Officer

Tom Adams - Interim Chief Financial Officer

Conference Call Participants

Alex Nowak - Craig-Hallum

Caitlin Cronin - Canaccord Genuity

Joe Downing - Piper Sandler

Operator

Greetings and welcome to KORU Medical Systems Fourth Quarter and Full Year 2022 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Hannah Jeffrey of the Gilmartin Group. Thank you. You may begin.

Hannah Jeffrey

Thank you, Doug and good afternoon everyone. Earlier today, KORU Medical Systems released financial results for the fourth quarter and full year ended December 31, 2022. A copy of the press release is available on the company’s website.

During this call, we will make certain forward-looking statements regarding our business plans, financial guidance and other matters. These comments are based on our predictions and expectations as of today. Actual events or results could differ materially due to many risks and uncertainties, including those mentioned in the associated press release and our most recent filings with the SEC. We assume no obligation to update any forward-looking statements. I encourage listeners to have our press release in front of you, which includes our financial results as well as commentary on the quarter and year and financial guidance for 2023.

During the call, management will discuss certain non-GAAP financial measures in our press release and accompanying investor presentation and our filings with the SEC, each of which are posted on our website. You will find additional disclosure regarding the non-GAAP measures, including reconciliations of these measures with comparable GAAP measures, in our press release and accompanying investor presentation and those filings.

For the benefit of those listening to the replay, this call was held and recorded on Wednesday, March 8, 2023 at approximately 4:30 p.m. Eastern Time. Since then, the company may have made additional comments related to the topics discussed. And please reference the company’s most recent press release and filings with the SEC.

Joining us on today’s call is Linda Tharby, President and CEO of KORU Medical Systems and Tom Adams, KORU Medical’s Interim Chief Financial Officer. Linda, please go ahead.

Linda Tharby

Thank you, Hannah. Good afternoon, everyone and thank you for joining us today. During today’s call, we will use slides to support our commentary. I will begin with a business update of the fourth quarter and full year ‘22 focusing on the company’s progress towards our Vision 26 business strategy. I will then turn the call over to Tom to discuss the quarterly financials before ending with our ‘23 guidance. After concluding our prepared remarks, Tom and I will then be happy to open the call up for Q&A.