NextNav, Inc. (NASDAQ:NN) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET

Company Participants

Erica Bartsch - IR, Sloane & Company
Christian Gates - CFO
Mariam Sorond - CEO

Conference Call Participants

Griffin Boss - B. Riley Financial
Jaime Perez - RF Lafferty & Co
Rosemary Sisson - Odeon Capital

Operator

Thank you for standing by. My name is Eric, and I will be your conference operator today. At this time, I would like to welcome everyone to the NextNav First Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session [Operator Instructions].

I would now like to turn the call over to Erica Bartsch. Please go ahead.

Erica Bartsch

Good afternoon, everyone, and welcome to NextNav's First Quarter 2024 Earnings Conference Call. Participating on today's call are Mariam Sorond, NextNav's Chief Executive Officer; and Chris Gates, NextNav's Chief Financial Officer.

Before we begin, let me remind everyone that this call will include certain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as may, anticipate, believe, expect, intend, might, plan, possible potential, aim, drive, predict, project, should, could, would, will and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements, which may relate to NextNav's forecasts of future results, future prospects, developments and business strategies are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside NextNav's control that could cause actual results to differ materially from the results discussed in the forward-looking statements.

You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, and NextNav undertakes no commitment to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. For additional information regarding risk factors, see Part 2 Item 1A Risk Factors of the company's quarterly reports on Form 10-Q and Part 1 Item 1A, Risk Factors of NextNav's annual report on Form 10-K for the year ended December 31, 2023, as well as those otherwise described or updated from time to time in our other filings with the Securities and Exchange Commission.