Ladies and gentlemen, welcome to VIQ Solutions 2025 second quarter release conference call. Currently, all participants are in a listen-only mode. For those that dialed in, should you require any assistance during the call, please press star then zero on your touch-tone phone. For questions and answers regarding recent disclosures or any other matter, please reach out directly to the company using the contact details on the company website. Your host for today is Audrey Liu, Corporate Finance Controller for VIQ Solutions. Please go ahead. Thank you. Before we begin, please note that certain statements made on today's call are forward-looking within the meaning of applicable securities laws. These statements involve risks and uncertainties that may cause actual results to differ materially. Please refer to the forward-looking statements section in our press release and the company's filings on sedarplus.ca. As a reminder, all dollar amounts are in US dollars unless otherwise stated. With us today is Alexie Edwards, Chief Financial Officer. With that, I will now turn the call over to Alexie. Thank you, Audrey, and good morning, everyone. We enter 2025 with sustained momentum following a record fiscal 2024, during which we delivered a $6 million year-over-year improvement in adjusted EBITDA and expanded gross margins. That trajectory continues through the first half of 2025, fueled by disciplined execution of our automation-first strategy, operational expenses, and growing adoption of our AI-powered SaaS solutions. Q2 2025 marked our fifth consecutive quarter of positive adjusted EBITDA, approximately $1 million, up 24% year over year, and gross margin expansion to 48%, compared to 45.5% in Q2 2024. For the first half of the year, gross margin was nearly 50%, up from 44.9% in the same period last year, demonstrating scalability and operational leverage of our AI-driven platform. Strategically, Q2 also marks a milestone in SaaS adoption. In June, we signed our largest SaaS contract to date. The new deployment will see VIQ Solutions' NetScribe platform implemented across nine judicial districts and 22 counties in the U.S. Midwest, following a successful pilot earlier this year. This agreement validates the maturity and scalability of our NetScribe platform, which is engineered for high-volume, high-compliance environments. Operationally, Australia, which represents approximately 55% of our total revenue, achieved its highest level of workforce flexibility and efficiency to date. The adoption of NetScribe and FirstDraft continues to streamline production costs and shorten turnaround times, contributing to sustained margin improvements. In the UK and North America regions, both regions consistently delivered gross margins above 60%, underscoring the scalability of our platform. During the first half of 2025, we secured $1.85 million in net new bookings, including $280,000 in SaaS and software sales, reflecting increasing market demand for vertical AI solutions purpose-built for regulated sectors such as justice, law enforcement, insurance, and governance. Our ongoing cost optimization launched in 2024 is delivering measurable results. We have streamlined our operating structure while controlling targeted R&D investments in automation, advanced diarization, pharmacy and office automation, and global quality assurance standardization. These enhancements are improving scalability and productivity. With our AI-first platform, disciplined execution, and growing SaaS penetration, VIQ Solutions is positioned for sustainable margin expansion, recurring revenue growth, and long-term value creation. Now, let me recap our Q2 2025 financial highlights. Revenue for the quarter was $10.4 million, a 10% year-over-year decline, driven mainly by decreased volumes and negative foreign exchange impact. Q2 2025 gross profit percentage rose to 48%, from 45.5% for the same comparative period, aided by operational efficiencies. SG&A declined 11%, reflecting organizational restructuring and disciplined expense management. Adjusted EBITDA was approximately $1 million, up from adjusted EBITDA of approximately $800,000 in Q2 2024. Net loss was $0.9 million, $8.3 million higher than the same comparable period in 2024, driven mainly by the impact of foreign exchange. Adjusted operating loss of $0.8 million, $0.2 million declined from the same comparative period, due mainly to the impact of foreign exchange. We ended the quarter with $1.1 million in cash, generating $0.2 million in positive cash flow from operations, thanks to improved adjusted EBITDA and working capital management. Now, moving on to our H1 2025 financial highlights. Revenue was $20 million, a 7% year-over-year decline, driven by the decreased volumes and negative foreign exchange impact. Gross profit percentage rose to 50%, from 45% from the same comparative period, due to operational efficiencies. SG&A declined 11%, reflecting organizational restructuring and disciplined expense management. Adjusted EBITDA was approximately $1.8 million, up from adjusted EBITDA of approximately $700,000 in prior years. Net loss was $2.8 million, $8.4 million higher than the same comparable period in 2024. Adjusted operating loss of $1.5 million, a $0.9 million improvement from the same comparative period. In H1 2025, the company generated $1 million in positive cash flow from operations. We are very excited about the clear trends we have established on gross margin increases year over year. Gross margin expansion is a critical element in our goal of reaching free cash flow during fiscal 2025. By expanding gross margins, the company aims to achieve sustainable operations and free cash flow in 2025 and beyond. We look forward to seeing our Q2 results in November. For any follow-up questions, please do not hesitate to contact us using the details on our website. Thank you. Operator. This concludes today's call. You may now disconnect.