Pixelworks (PXLW) Q1 2025 Earnings Call May 13, 2025 05:00 PM ET Company Participants Brett Perry - Managing Director - IR ServicesTodd DeBonis - President & Chief Executive OfficerHaley Aman - CFONick Doyle - Vice President Conference Call Participants Suji Desilva - MD & Senior Research AnalystRichard Shannon - Senior Research Analyst Operator a reminder, this conference call is being recorded for replay purposes. I would now like to turn the call over to Brett Perry with Shelton Group Investor Relations. ...

KinderCare Learning Companies (KLC) Q1 2025 Earnings Call May 13, 2025 05:00 PM ET Company Participants Olivia Kirrer - VP - Growth Finance and M&APaul Thompson - Chief Executive OfficerTony Amandi - CFORonan Kennedy - Vice President Conference Call Participants Toni Kaplan - AnalystAndrew Steinerman - Equity Research Analyst - Business & Info ServicesJeffrey Meuler - AnalystGeorge Tong - AnalystJeff Silber - Senior AnalystJoshua Chan - Director, Equity Research Analyst Operator It is now my pleasure to int ...

Financial Data and Key Metrics Changes - The company's first quarter operating loss was $17.9 million, including non-cash stock-based compensation of $2.3 million [34] - Loss before income taxes was $14.2 million, reflecting an operating loss adjusted for net interest income of $3.6 million [34] - Cash used in operating activities was $12.2 million, with a full-year guidance of $65 million to $80 million for total cash used in operations [34] - At the end of the quarter, cash and marketable securities totaled $260.7 million [35] Business Line Data and Key Metrics Changes - The company is advancing steadily toward commercial deployment, having completed a major milestone in preparing the INL site for the Aurora Powerhouse [15] - The customer pipeline totaled over 14 gigawatts, spanning sectors like data centers and defense, indicating strong and growing demand [35] Market Data and Key Metrics Changes - The current administration has made nuclear energy a strategic priority, with executive orders supporting regulatory reform and streamlined permitting for nuclear projects [4][5] - The administration is considering new executive orders to quadruple the size of the U.S. nuclear fleet by 2050, which aligns with the company's mission [7] Company Strategy and Development Direction - The company’s competitive advantage is based on a build-own-operate business model, small-scale modern design, and proven technology [9][10] - The company aims to bring its first commercial unit online in late 2027 to early 2028, focusing on delivering a commercial powerhouse rather than a demonstration plant [12] - The company is also pursuing partnerships to support technology development and deployment of POWERHOUSE and radioisotope assets [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the alignment of federal support for nuclear energy with the company's mission, highlighting the administration's commitment to advanced nuclear technologies [8] - The company is optimistic about its regulatory strategy and the potential for faster licensing pathways, which will support its commercialization goals [22] Other Important Information - The company acquired Atomic Alchemy to expand its reach into the high-growth radioisotope market, which is expected to drive near-term revenue and long-term market leadership [25] - The company is actively developing a fuel recycling program, which is expected to provide a significant cost and commercialization advantage [23] Q&A Session Summary Question: Can you talk about the regulatory authority for nuclear power that the DoD has today? - The DoD has the authority to regulate nuclear plants for their use cases, and there is potential for them to accelerate reactor deployments through programs like ANPI [40] Question: Can you give us an update on other parts of the supply chain and your confidence in commencing construction? - The company is leveraging existing supply chains and is focused on fuel as the main challenge, but is optimistic about breaking ground soon [44][46] Question: When might you start taking delivery of fuel from the fuel MOU with Centrus? - The first fuel for the initial plant is allocated from government reserves, while commercial procurement will happen for subsequent plants [53][57] Question: Will additional capital be needed given the larger reactor size and growth needed for Atomic Alchemy? - The balance sheet has adequate capital for the deployment of INL, but the company will raise capital strategically if needed [66][67] Question: What does the NRC process look like for the Viper facility? - The licensing process for the Viper facility is simpler and more straightforward than for power reactors, benefiting from a two-step process [70] Question: Is the company more confident about the licensing process as it approaches the submission of the COLA? - The company has had extensive engagement with the NRC and is optimistic about the efficiency and effectiveness of the licensing process [86][88]

GEN Restaurant Group (GENK) Q1 2025 Earnings Call May 13, 2025 05:00 PM ET Company Participants Thomas Croal - Chief Financial OfficerDavid Kim - Chairman & CEOWill Forsberg - Equity Research Associate Conference Call Participants Todd Brooks - Equity Research AnalystGeorge Kelly - Managing Director, Senior Research Analyst Operator Please also note today's event is being recorded. At this time, I would like to turn the floor over to Tom Kearl, the company's Chief Financial Officer. Sir, you may begin. Thom ...

Exelixis (EXEL) Q1 2025 Earnings Call May 13, 2025 05:00 PM ET Company Participants Susan Hubbard - EVP, Public Affairs and IRMichael Morrissey - CEO, President & DirectorChristopher Senner - Executive VP & CFOP.J. Haley - EVP, CommercialAmy Peterson - Executive VP, Product Development & Medical Affairs and Chief Medical OfficerDana Aftab - Executive VP of Discovery and Translational Research & Chief Scientific OfficerMichael Schmidt - Senior Managing Director, Equity ResearchSilvan Türkcan - Managing Direc ...

Fathom (FTHM) Q1 2025 Earnings Call May 13, 2025 05:00 PM ET Company Participants Paul Kuntz - Director of CommunicationsMarco Fregenal - CEO & DirectorDaniel Weinmann - VP - Finance Conference Call Participants Darren Aftahi - MD & Senior Research Analyst Operator Good day, everyone, and welcome to the Fathom Holdings, Inc. First Quarter twenty twenty five Conference Call. At this time, all participants have been placed on a listen only mode, and we will open the floor for your questions and comments after ...

Kopin (KOPN) Q1 2025 Earnings Call May 13, 2025 05:00 PM ET Company Participants Brian Prenoveau - Investor Relations ExecutiveMichael Murray - CEO, President & ChairmanRichard Sneider - Treasurer & CFO Conference Call Participants Glenn Mattson - AnalystGeorge Gianarikas - Managing Director and Senior AnalystJaeson Schmidt - Director of Research - Senior Research Analyst Operator Good day, everyone, and welcome to the Kopin Corporation's First Quarter twenty twenty five Earnings Call. Please note that this ...

Lexicon Pharmaceuticals (LXRX) Q1 2025 Earnings Call May 13, 2025 05:00 PM ET Company Participants Lisa DeFrancesco - SVP of Investor Relations & Corporate CommunicationsMike Exton - CEO & DirectorScott Coiante - SVP and CFOAndrew Tsai - SVPCraig Granowitz - SVP & Chief Medical OfficerYigal Nochomovitz - DirectorLander Egaña-Gorroño - Senior Associate, Biotech Equity Research Conference Call Participants Roanna Ruiz - Senior Managing Director, Biotechnology AnalystYasmeen Rahimi - Sr. Research Analyst Opera ...

Sky Harbour Group (SKYH) Q1 2025 Earnings Call May 13, 2025 05:00 PM ET Company Participants Francisco Gonzalez - Chief Financial OfficerMichael Schmitt - Chief Accounting OfficerTal Keinan - Chairman & CEOTim Herr - SVP - Finance & TreasurerMarty Kretchman - SVP - Airports Operator Good afternoon. My name is Tina, and I will be your conference operator today. At this time, I would like to welcome everyone to the conference call. All lines have been placed on mute to prevent any background noise. After the ...

Financial Data and Key Metrics Changes - Consolidated revenue for Q1 2025 was $83.5 million, a decrease from $88.1 million in Q1 2024, reflecting a 12% decline in social casino revenues and a 59% increase in iGaming revenues [6][13] - Adjusted EBITDA for Q1 2025 was $30.8 million, down from $32.7 million in the prior year, with an adjusted EBITDA margin of 36.9% compared to 37.1% in Q1 2024 [16] - Cash flow from operations increased to $41.1 million, up more than $5 million from Q1 2024 [7][17] Business Line Data and Key Metrics Changes - Social casino free-to-play games generated $17.3 million, while iGaming business Super Nation generated $13.2 million, marking the highest quarterly performance since its acquisition [6][9] - Average revenue per daily active user (ARPDAU) increased to $1.29 in Q1 2025 from $1.26 in Q1 2024, and payer conversion rate rose to 6.9% from 6.4% [13][14] - Direct-to-consumer revenue accounted for over 10% of social casino business, with a target to exceed 15% by 2025 [8][9] Market Data and Key Metrics Changes - Super Nation's revenue growth was driven by increased investments in new player acquisition, particularly in the UK and Sweden [9][24] - The company noted that the competitive landscape for user acquisition costs has intensified due to increased spending by sweepstakes game publishers [15][41] Company Strategy and Development Direction - The company aims to maintain capital efficiency while focusing on product improvements and live operations enhancements to sustain its competitive position [18] - There are ongoing discussions regarding potential acquisitions to diversify revenue and cash flow sources [10][29] - The company has decided not to launch a new match-three style game after extensive testing, emphasizing a cautious approach to game development [10][51] Management's Comments on Operating Environment and Future Outlook - Management expects to continue generating attractive free cash flow and strengthen the balance sheet while exploring growth opportunities in adjacent gaming categories [19] - The first half of 2025 is anticipated to be challenging for social casino growth due to tough year-over-year comparisons, but conditions are expected to improve in the second half [14][39] Other Important Information - The company switched its financial reporting from GAAP to IFRS, which has generally insignificant implications for financial statements [4][12] - As of March 31, 2025, the company had $455.7 million in cash and short-term investments, with a net cash position of approximately $422 million [17] Q&A Session Summary Question: Trends in Super Nation's markets and major sporting events - Management noted that the investment in acquiring new players has yielded a quick ROI, allowing continued marketing investment, particularly in Sweden and the UK [24][25] Question: Update on M&A opportunities - The flow of opportunities remains strong, with interest in both iGaming and casual games, and no recent changes in the M&A environment [29][30] Question: Expectations for Super Nation's growth and sales/marketing spending - Management expects to continue investing at or above current levels, anticipating revenue results from that investment [35] Question: Rate of decline for social casino business - The first half of the year presents the toughest comparisons, but management believes conditions will improve in the second half [39] Question: Impact of user acquisition costs and competition - Increased user acquisition costs are primarily affecting new user acquisition, with no clear evidence of churn from existing players [41]