Fisker Inc. (NYSE:FSR) Q2 2022 Results Conference Call August 3, 2022 5:00 PM ET

Company Participants

Frank Boroch - VP, IR and Treasury

Henrik Fisker - CEO

Dr. Burkhard Huhnke - CTO

Dr. Geeta Gupta-Fisker - CFO and COO

Conference Call Participants

Joseph Spakwith - RBC

James Picariello - BNP Paribas

Adam Jonas - Morgan Stanley

Pavel Molchanov - Raymond

Shreyas Patel - Wolf Research

Operator

Good afternoon. Thank you for attending today's Fisker Inc. Second Quarter 2022 Earnings Call. My name is Francis, and I'll be your moderator today. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. [Operator Instructions]

I would now like to pass the conference over to our host Frank Boroch with Fisker.

Frank Boroch

Thank you, Francis. Hello everyone, and welcome to Fisker second quarter earnings call. As the operated mentioned, my name is Frank Boroch, VP of Investor Relations and Treasury here at Fisker.

Joining me on the call today as usual, are Henrik Fisker, Chief Executive Officer; Dr. Burkhard Huhnke, Chief Technology Officer; and Dr. Geeta Gupta-Fisker, Chief Financial Officer and Chief Operating Officer.

Before turning it over to Henrik, be advised we will make forward-looking statements within the meaning of the federal securities laws. Forward-looking statements generally relate to future events or future financial or operating performance. Our expectations and beliefs regarding these matters may not materialize. Actual results and financial periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected.

These risks include those set forth in the press release we issued earlier today as well as those more fully described in our filings with the Securities and Exchange Commission. The forward-looking statements in this presentation are based on information available to us as of today. We disclaim any obligation to update any forward-looking statements, except as required by law.

We'll reference our financial measures that do not conform to Generally Accepted Accounting Principles or GAAP, during today's call, including non-GAAP operating expenses. This information may be calculated differently than the non-GAAP data presented by other companies. Quantitative reconciliation of our non-GAAP financial information to the directly comparable GAAP financial information appears in today's earnings release.

With that, I'm happy to turn the call over to Hendrick.

Henrik Fisker

Thank you, Frank, and thank you everyone for joining this call. I first want to actually begin thanking all our teams and our partners for the incredible progress we have made year to-date. I'm really, really excited, actually really excited about this call because we've got so many exciting things to announce. Of course the progress has continued at a great pace, and is unscheduled when it comes to the Ocean. And we on track for SOP on November 17th this year, as we have stated previously, and that remains the same. And we have also continued into the next phase of our second program, the PEAR program, and talk a little bit about that later.