AMMO, Inc. (NASDAQ:POWW) Q1 2024 Earnings Conference Call August 9, 2023 5:00 PM ET

Company Participants

Matt Blazei - CORE Investor Relations

Fred Wagenhals - Chairman

Jared Smith - President & Chief Executive Officer

Rob Wiley - Chief Financial Officer

Conference Call Participants

Mike Zabran - ROTH

Mark Smith - Lake Street Capital

Operator

Ladies and gentlemen, thank you for standing by. Good afternoon, and welcome to the AMMO Inc. First Quarter 2024 Earnings Conference Call. [Operator Instructions] Participants of this call are advised that the audio of this conference call is being broadcast live over the Internet and is also being recorded for playback purposes.

I would now like to turn the call over to Matt Blazei of CORE IR, the company's Investor Relations firm. Please go ahead, sir.

Matt Blazei

Good afternoon, and thank you for participating in today's conference call. Joining me from Ami's leadership team are Fred Wagenhals, Executive Chairman; Jared Smith, Chief Executive Officer; and Rob Wiley, Chief Financial Officer.

During this call, management will be making forward-looking statements, including statements that address AMMO's expectations for future performance or operational results. Forward-looking statements involve risks and other factors that may cause actual results to differ materially from those statements.

For more information about these risks, they refer to the risk factors described in AMMO’s most recently filed periodic reports on Form 10-K and Form 10-Q, the Form 8-K filed with the SEC today and the company's press releases that accompanies this call, particularly the cautionary statements in it.

Today's conference call includes non-GAAP financial measures that AMMO believes can be useful in evaluating its performance. You should not consider this additional information in isolation or as a substitute for results prepared in accordance with GAAP. For a reconciliation of this non-GAAP financial measure to net loss, its most directly comparable GAAP financial measure, saithe reconciliation statement located in the company's earnings press release.

The content of this call contains time-sensitive information that is accurate only as of today, August 9, 2023, Except as required by law, AMMO disclaims any obligation to publicly update or revise any information to reflect events or circumstances that occur after this call.

It is now my pleasure to turn the call over to Amal's Executive Chairman, Fred Wagenhals.

Fred Wagenhals

Thank you, and good afternoon. I appreciate everyone joining us for our first quarter 2024 earnings call. I would like to begin this call by welcoming Jared Smith as the new Chief Executive Officer of AMMO Inc. The Board, executive management team, and I believe that Jared's background and success in the ammunition industry combined with his strategic vision for our next phase of growth will be instrumental to build greater shareholder value. We look forward to working with him and are confident and energized -- he will guide AMMO to future successes.