One Stop Systems, Inc. (NASDAQ:OSS) Q2 2023 Earnings Conference Call August 10, 2023 5:00 PM ET

Company Participants

Mike Knowles - President and Chief Executive Officer

John Morrison - Chief Financial Officer

Jim Ison - Chief Product Officer

Conference Call Participants

Scott Searle - ROTH Capital Partners

Brian Kinstlinger - Alliance Global Partners

Joe Gomes - Noble Capital Markets

Max Michaelis - Lake Street Capital Markets

Operator

Good afternoon, and thank you for joining us today to discuss One Stop Systems Financial Results for the Second Quarter ended June 30, 2023. With us today are the Company's President and Chief Executive Officer, Mike Knowles; and its Chief Financial Officer, John Morrison. They are joined by the Company's Chief Product Officer, Jim Ison. Following their remarks, we will open the call to your questions. Then, before we conclude the call, I will provide some important information regarding the forward-looking statements made by management during the call.

I would like to remind everyone that the call will be recorded and made available for replay in the Investors section of the Company's website.

Now, I would like to turn the call over to OSS, President and CEO, Mike Knowles. Sir, please go ahead.

Mike Knowles

Thank you, Darryl, and good afternoon, everyone. In the first half of 2023 OSS implemented strategic organizational changes designed to accelerate our growth, particularly focused on ramping up our defense business and our AI Transportable product sales. To support this strategy, on June 5th, the company appointed me President and CEO, allowing me to leverage my experience and expertise in the global defense and commercial markets to accelerate the implementation of our strategy and grow revenue.

As an update to the Board of Director reprofiling that was previously disclosed, I'd like to announce that Jack Harrison, who has been serving as Chair of the Nominations and Governance Committee and Sita Lowman, who has been serving as Chair of the Compensation Committee, have resigned from the OSS Board of Directors effective as of the end of Q3. I want to thank Jack and Sita for their numerous contributions.

In their place, I'm pleased announce that effective as of the end of Q3, Michael Dumont and I will be joining the OSS Board of Directors. Mr. Dumont is a retired three-star admiral whose career includes having served as the deputy commander of U.S. Northern Command and Vice Commander of North American Aerospace Defense Command, otherwise known as NORAD. Admiral Dumont currently serves as Interim President of The California State University Maritime Academy. He is also a licensed attorney with both defense and commercial experience and currently serves on the Board of Directors of the Marines’ Memorial Association, the board of advisors of Dataminr and the national security advisory council of the U.S. Global Leadership Coalition, as well as the OSS Advisory Board.