Dyadic International, Inc. (NASDAQ:DYAI) Q3 2023 Earnings Conference Call November 8, 2023 5:00 PM ET

Company Participants

Mark Emalfarb - President, Chief Executive Officer

Ping Rawson - Chief Financial Officer

Joseph Hazelton - Chief Business Officer

Conference Call Participants

John Vandermosten - Zacks

Paul Rosenbaum - SWR

Operator

Good evening, and welcome to the Dyadic International's Third Quarter 2023 Financial Results Conference Call. Currently all participants are in a listen-only mode. Following management's prepared remarks, there will be a brief question-and-answer session. As a reminder, this conference call is being recorded today, November 8, 2023.

I would now like to turn the call over to Ms. Ping Rawson, Dyadic's Chief Financial Officer. Please go ahead.

Ping Rawson

Thank you. Good evening, and welcome everyone to Dyadic International's third quarter 2023 conference call. I hope you have had the opportunity to review Dyadic's press release announcing financial results for the quarter ended September 30, 2023, and the recent company highlights. You may access our release and Form 10-Q under the investors section of the company's website at dyadic.com.

On today's call, our President and CEO, Mark Emalfarb, will give a review of our third quarter business and corporate highlights, including a summary of our recent research and development efforts. Our Chief Business Officer, Joe Hazelton, will join Mark for the business updates. I will follow with a review of our financial results in more detail. We will then hold a brief question-and-answer session.

At this time, I would like to inform you that certain commentary made on this conference call may be considered a forward-looking statement, which involves risk and uncertainties and other factors that could cause Dyadic's actual results, performance, scientific or otherwise or achievements to be materially different from those expressed or implied by these forward-looking statements.

Dyadic expressly disclaims any duty to provide updates to its forward-looking statements, whether because of new information, future events or otherwise. Participants are directed to the risk factors set forth in Dyadic's risk report filed with the SEC.

It is now my pleasure to pass the call to our CEO, Mark Emalfarb. Mark?

Mark Emalfarb

Thank you, Ping. Hello, everyone, and thank you for joining Dyadic's third quarter 2023 conference call. We've accelerated the momentum seen in the first half of 2023 as our C1 technology continues to garner praise and recognition for its speed and efficiency in the U.S. and internationally from academia, industry and government agencies. We've also gained significant traction with our Dapibus platform, which was launched less than 12 months ago in both the alternative protein and bio-industrial markets.