Hello, and welcome to the BioSyent Inc. Q4 and Fiscal Year 2023 results presentation. My name is René Goehrum, and I'm the president and CEO of the company. I want to start the presentation today by just giving you an overview of our sales by brand and business unit. You can see here the Canadian pharmaceutical business grew 10% in the quarter, ended December 31st, and did just under CAD 8 million, which represented an all-time record for the business. For the full year, we were just under CAD 30 million, up 13% to the year ago. You can see on a by-brand basis, for the most part, both in the quarter and on a full year, we had strong growth, particularly Tibella, which was up 36% in the quarter and 46% on the year. I will note that Combogesic has kind of negative revenue growth figures here. We did some work around promotional testing that had an impact on the top line, and I would just direct you to kind of what we expect those numbers to look like as we go forward through into 2024. I don't expect the same look in terms of business results in the marketplace. Overall, we've been talking about our international business being quite lumpy. That has continued. You can see on the quarter down 54%, but on a full-year basis up 53%. That business is concentrated into a handful of markets for which we receive and process and ship large orders. As a result, best to measure that business on a full-year basis. We have been filling the order book and expect that business to continue to progress. The legacy business had a strong fourth quarter, and for the year ended flat to the year ago. So overall, company sales reached just under CAD 8.3 million for the quarter, up 11% to the year ago. Our EBITDA margin was relatively flat, 20% to the year ago, 21%, and NIAT margin up slightly from 16% to 18%. On a full-year basis, you can see our sales reached just under CAD 32 million, up 13% to the year ago. We've already talked about the strong performance in the Canadian pharmaceutical business. It represented a record quarter, obviously a record year as well for Canadian pharma. We reshaped the portfolio a couple of years ago and have nicely gone through making up the loss in revenue that we had for the products that we returned to partners and have returned the business to solid growth as we move forward. On a full-year basis, you can see that our EBITDA margin was 25% as a ratio to sales and just under CAD 8 million, up 7% to the year ago. Our NIAT margin consistent with the year ago at 20%. That represented growth of 18% versus the year ago, just under CAD 6.5 million of net income after tax. How does this flow through to a quarterly look on earnings per share? I would like to just point out the fact that the fourth quarter represented our 54th consecutive profitable quarter. For the quarter itself, we did CAD 0.12 on a fully diluted basis, and that compares favorably to CAD 0.09 in the year-ago period. Overall, on a TTM, which in this case represents fiscal 2023, we did CAD 0.53 per share compared to 44%. Solid, up over 20% year-on-year measuring EPS. So if we go back to 2010, which is the first year that we had a profitable quarter, in the middle of that year we had our first profitable quarter. We've been operating our business profitably since then. We've been investing in licensing and launching new assets. You can see back in 2010 we had two brands on market. That included our legacy business. On the far right of your screen, you can see all of the products and brands that we have in market today. On a full-year revenue basis, 2023, as I've already indicated, just under CAD 32 million in sales. Progressing over time, we've added to the portfolio and we've grown our profit over that period of time. Then at the bottom of the screen, just to kind of point out, bottom right corner, fully diluted shares outstanding. At the recording of this presentation in the second week of March, under 12 million shares fully diluted, and that compares favorably to 2010 when we first came profitable. So though we've been investing in the business and we have a substantially larger business, larger commercial footprint and capacity and capability, a larger portfolio, measurably more profitable business, we've done that and reduced the fully diluted shares outstanding over that period of time. So I'd like to just speak to a couple of highlights for the fourth quarter of 2023. We launched Gelclair and started shipping it in the quarter. We launched MenopauseInformation.ca in partnership with the Canadian Menopause Society. This is a website to provide information, education to women that are experiencing menopause symptoms and menopause itself, and also to direct them to some options for treatment and how to prepare and consult with healthcare practitioners. In the quarter, we delivered our fifth consecutive dividend. In this case, it was a $0.04 dividend that was paid in December, and we bought back over 93,000 shares under our NCIB. Subsequent to the quarter end, we declared an increase to our dividend, a 12.5% increase. So from $0.04 to $0.045 per quarter, and that first increased dividend will be paid on the 15th of March coming up. In February, BioSyent was named to the 2024 TSX Venture 50 top performing companies on the TSX Venture Exchange in the Clean Tech and Life Sciences category. We launched a new corporate website. If you haven't taken a look, I invite you to do so at BioSyent.com. And we continued under our NCIB and buying back shares. In this case, just under 123,000 shares have been purchased since January 1st till the recording of this presentation. Our lead asset, FeraMAX brand, has been the most recommended oral iron supplement in Canada for eight years, and I don't think I'd be letting too much out of the bag by telling you that we fully expect over the coming months to be telling you that it is nine consecutive years. This is an independent survey done on the self-medication or OTC products among physicians and pharmacists. This is given as a strong platform on which to build a life cycle strategy for the FeraMAX brand. We've been working on this for a number of years and executing on it now since late in 2020. I'm not going to go over much of the detail on this slide. You can pause it. The thing that I would point out is that we launched the latest FeraMAX product. That's FeraMAX 45 about a year ago, and that business has been progressing well. I've got a couple more comments on it in a couple of slides. We are working on the next FeraMAX product. It's in development. I don't have much to say on that at this point in time, but we have a new asset that we expect to see market upon regulatory approval and completed development. I mentioned we're progressing with FeraMAX 45. We are increasing points of distribution. You'll find it in a pharmacy close to you in Canada. This is a Canada-only launch at this phase. It's a chewable iron supplement that also has vitamin B12 and vitamin C, and it's positioned to maintain iron health for those patients and consumers that cycle in and out of iron deficiency and iron-deficient anemia. The product is, as I say, available now across the country, and we're growing distribution literally in the hundreds of pharmacies on a monthly basis. In August of 2023, we launched Inofolic, a new treatment option for women with polycystic ovary syndrome. I invite you to visit the product website Inofolic.com. It's still very early days on this product. I mentioned a few moments ago that we had launched Gelclair. This is an oncology supportive care product to help patients manage side effects from radiation and chemotherapy, essentially mouth sores that really have a severe impact on quality of life and for patients to continue the medication. So this product was launched just in November, so even earlier days than Inofolic. So we look forward to reporting to you over time how we're doing on these new product introductions. So these products that I've just outlined for you, together with the existing in-market FeraMAX products and coming FeraMAX products and Tibella, our hormone replacement therapy product, to constitute the bulk of what our expectation is for growth over the next several years, so growth drivers not just in 2024 but 2025 and 2026. We are working on additional acquisition and licensing opportunities, an enhanced focus on acquisition, so in-market assets that are revenue-generating. But we do have a few assets in either negotiation or diligence at this stage, and we expect to be able to share more about that as the year progresses. So how has our business performance affected our cash balance? You can see here on this slide we're showing you cash balance ending December 31st for 2021, 2022, and 2023, and our average return on equity represented by the green line. So you can see through this slide that our cash position at year-end has been fairly consistent now for three years. I've spoken earlier in this presentation about how we're generating cash in our business. We're operating a profitable business. Last year, our cash from operations was CAD 5.1 million. And we've been actively managing this by investing in the business. We've launched new assets, which I've spoken about. Those assets are contributing to revenue growth in the company and profit growth. We expect that investment to continue going into 2024. I would think that ratios that we've come to expect in terms of operating profit and profit contribution from brands as we get through 2024 will improve over time, and I think into 2025 those ratios will improve. Nevertheless, we've been generating cash from operations and profitability, and we've been returning that capital to shareholders. So we bought back CAD 3.1 million worth of shares last year, and we pay dividends of CAD 1.9 million. So essentially, we've returned the cash generation from 2023 back to shareholders. We expect to continue, obviously, both dividends and our buyback program as we have done through the first quarter of this year. We expect those two will continue to feature in our strategy as we move forward. So let me revisit that approach and how we're linking our capital allocation to our strategy. Our cash position is strong at just under CAD 29 million. We have zero debt. Our first dollar of cash generation or cash that we have on the balance sheet goes to drive growth in the business. We have been investing. When you do a deeper dive and take a look at our investments in sales and marketing and other OpEx elements, you'll see that we're investing in growth in the business, and we are clearly diversifying the revenue streams with new assets in market. Our third use of capital is to return that to shareholders and to make sure that we're doing that and leaving an ample amount of capital on the balance sheet to drive our strategy. Just over five years ago, we started buying back shares. We've repurchased 2.7 million shares since the end of 2018 for an enhancement in earnings per share of 23%. For those shareholders, of which we have many, a lot of shareholders have been with us for an extended period of time. Those shareholders have seen their EPS enhanced by 23% through share buybacks. Of course, we've now returned, including the dividend that is being paid this week, CAD 2.9 million through dividend payments back to shareholders. We're growing a substantial business, managing the bottom line, and returning capital to shareholders. We're working on managing all three of those. I don't want to spend too much time on this table. I'd like to just remind listeners and viewers to this presentation that we have replaced share options as an equity element in our compensation with RSUs, restricted share units. And we do this because we feel the way we manage that is less dilutive. We buy back shares in the open market, hold them in trust to satisfy our future obligations under the RSU plan. It's been over four years since we've issued any new share options, so very non-dilutive and shareholder-friendly. The reason we're focused on being shareholder-friendly is because employees, management, and directors are significant shareholders of the company. We own in aggregate about 25% of the company. I believe 80% of our employees are also shareholders in the company. So we keep an eye on these measures, the cap table, the balance sheet, and ensuring that we're growing a strong, healthy business as we move forward. I look forward to reporting our progress to you as the year progresses. You'll next hear from us after our annual general meeting, which is mid-May. Thank you.