ESS Tech, Inc. (NYSE:GWH) Q1 2022 Earnings Conference Call May 12, 2022 5:00 PM ET

Company Participants

Erik Bylin – Investor Relations

Eric Dresselhuys – Chief Executive Officer

Amir Moftakhar – Chief Financial Officer

Conference Call Participants

Colin Rusch – Oppenheimer

Thomas Boyes – Cowen

George Gianarikas – Baird

Chris Kapsch – Loop Capital Markets

Operator

Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listening only mode. Later, we will conduct a question-and-answer session. [Operator Instructions]

I would now like to turn the conference over to Erik Bylin. Please go ahead, sir.

Erik Bylin

Thank you and welcome to ESS's 2022 First Quarter Financial Results Conference Call. Joining me on the call today from ESS are Eric Dresselhuys, CEO; and Amir Moftakhar, CFO. Following management's prepared remarks, we will hold a Q&A session. Earlier today, ESS released financial results for the first quarter of 2022. This earnings release is available on the Investor Relations section of the company's website. As a reminder, the information presented today will include forward-looking statements, including, without limitation, statements about our growth prospects and strategy for 2022 and beyond.

The forward-looking statements that will be made on this call are based on information currently available to us as of today's date. These statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those projected or implied during this call. In particular, those described in our risk factors set forth in more detail in our most recent periodic filings filed with the Securities and Exchange Commission, as well as the current uncertainty and unpredictability in our business, the markets, the economy, and the current geopolitical situation. You should not rely on our forward-looking statements as predictions of future events.

All forward-looking statements that we make on this call are based on assumptions and beliefs as of the date hereof. And we disclaim any obligation to update any forward-looking statements, except as required by law. During this call, we will also present certain financial information on a non-GAAP basis. Management believes that non-GAAP financial measures taken in conjunction with U.S. GAAP financial measures provide useful information for both management and investors excluding certain items that are not indicative of our core operating results. Management uses non-GAAP measures to internally understand, manage and evaluate our business, and make operating decisions. Reconciliations between U.S. GAAP and non-GAAP results are presented within our earnings release.