Good morning, ladies and gentlemen. It's my pleasure to welcome you to the 2026 annual meeting of stockholders of Arcutis Biotherapeutics, Inc. I'm Frank Watanabe, the President and Chief Executive Officer of Arcutis. In accordance with our bylaws, I will act as the chairperson of this meeting. John Holway from Broadridge Financial Solutions is with us today and will act as Inspector of Election. I have been advised by our Inspector of Election that 86.46% of the shares of common stock are represented virtually or by proxy and that a quorum is present. The meeting is now called to order, and we will follow the rules of conduct and order of business of the meeting as listed in the program posted on the virtual meeting website. Before we begin with the formalities of the annual meeting, I would like to introduce to you other team members who have joined me for the meeting. Latha Vairavan, our Chief Financial Officer, Mas Matsuda, our Chief Legal Officer and Corporate Secretary of this meeting, and Brian Schoelkopf, our Head of Investor Relations. In addition to our management team, we are joined today by members of our board of directors, Mark Montoya of Ernst & Young LLP, the company's independent auditor, and Ross McAloon of Latham & Watkins LLP, the company's outside law firm. Now we will begin the formal business of the annual meeting and vote on the items presented in the proxy statement. The polls have been open since 15 minutes before the commencement of this meeting and will remain open through the discussion of the proposals to be voted on. Stockholders who have voted by proxy need not take any further action unless they wish to change their vote. If you have not already voted or if you wish to change your vote, you may do so by clicking on the voting button on the web portal and following the instructions there. After the polls are closed, the votes will be counted and the voting results will be announced. The first item of business is the election of three Class III directors of the company. Each director, if elected, will be elected to a three-year term to hold office until the 2029 annual meeting of stockholders. The following directors are standing for re-election: Patrick J. Heron, Neha Krishnamohan, and Todd Franklin Watanabe. The plurality of votes cast, meaning that the three nominees received the highest number of affirmative for votes, is the voting standard for this item of business and is required for each of the nominees to be elected as Class III directors. The second item to be voted on is the ratification of the selection by the Audit Committee of the board of directors of Ernst & Young LLP as the company's independent registered public accounting firm for 2026. Ernst & Young LLP has acted as the company's auditors since 2019. The affirmative vote of the holders of a majority in voting power of the votes cast affirmatively or negatively, excluding abstentions at this annual meeting by the holders entitled to vote on this item of business, is required for the approval of this proposal. The third item of business is the approval on an advisory, non-binding basis of the compensation of our named executive officers. The affirmative vote of the holders of a majority in voting power of the votes cast affirmatively or negatively, excluding abstentions at this annual meeting by the holders entitled to vote on this item of business, is required for the approval of this proposal. That was the final proposal for today's meeting. If there are any questions On the annual meeting page. We are happy to respond to any questions regarding the three proposals. However, we will not be responding to questions on other topics. We will give you a few more seconds so that everyone has ample time to vote their shares. Okay, the polls are now closed. The Inspector of Elections will now tally the votes. I have been advised that the Inspector of Election has completed the preliminary vote count. Based on the preliminary report of the Inspector of Election, each of Patrick J. Heron, Neha Krishnamohan, and Todd Franklin Watanabe have been elected as Class III directors to serve until our annual meeting to be held in 2029. The appointment of Ernst & Young LLP as our independent registered public accounting firm for our 2026 fiscal year has been ratified, and the compensation of our named executive officers has been approved on an advisory, non-binding basis. The Inspector of Election will prepare a final report that will be included as part of the record of this meeting. The final voting results will be included in the company's current report on Form 8-K to be filed with the Securities and Exchange Commission within four business days following this meeting. We have no other business to conduct at this meeting. The meeting is now adjourned. We thank you for your attendance at this year's annual meeting and for your continued support of our company. Thank you. The conference has now concluded. Thank you for attending today's presentation. You may now disconnect.