Thanks, and welcome to the Biotricity Conference Call. At this time, all participants are in a listen-only mode. The question-and-answer session will follow the formal presentation. If anyone should require operator assistance, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce Founder and CEO, Dr. Waqaas Al-Siddiq. Thank you. You may begin. Thank you, everybody, for joining us today. Second quarter 2025 has been a transformative quarter for Biotricity, marked by significant advancements and strategic initiatives that have led to us achieving positive EBITDA for the first time in September and continuing our path to profitability. One of our most significant achievements this quarter has been the improvement in all aspects of the business, from revenue to margins, operational efficiency, and a shift to positive EBITDA. Our commitment to innovation, strategic partnerships, and operational efficiency has allowed us to make remarkable progress across multiple fronts. We are continuing to expand our Cardiac AI Cloud capabilities, harnessing our data to explore predictive capabilities with our platform. Recently, we published our research in predicting post-operative complications in Nature. We expect to expand our research and file for FDA of our AI clinical model by mid-next year. Our recent strategic alliances with the top group purchasing organizations, otherwise known as GPOs, and specialist organizations in neurology and pulmonology are beginning to gain momentum. These partnerships have helped kick off multiple large opportunities that are currently in pilots, along with expanding our reach beyond cardiology, significantly expanding our market reach. This positions us to capitalize on broader market channels and secure larger contracts, strengthening our presence in the healthcare technology sector. As noted in our release, we have also recently procured the support of our funding partners in order to place the largest inventory order Biotricity has ever placed. This is a testament to how excited we are about our growth in the coming quarters. These recent initiatives are part of our broader strategy to develop more complementary partnerships where access to cardiac diagnostics is critical. We will continue to focus on partners that have a broad reach and whose existing customers have a comorbidity or cardiac risk factor. In summary, our strategic initiatives, technological advancements, and operational efficiencies have positioned Biotricity for sustained growth and profitability. We remain focused on delivering innovative, high-quality cardiac care solutions and are confident in our ability to continue driving value for our shareholders and improving patient outcomes globally. With that, I will turn the call over to our CFO, John Ayanoglou, to provide more detailed financial insights. Thank you, Waqaas. Let's review the highlights of our second fiscal quarter of fiscal 2025. Our recurring revenue generated from our technology-as-a-service subscription model, as well as our usage-based subscriptions, remains robust, driven by the popularity of our FDA-cleared cardiac monitoring devices, and particularly our state-of-the-art Biocore. We continue to see strong demand and market adoption, particularly in the case of the next-generation Biocore Pro, which features cellular connectivity. Atrial fibrillation is a primary contributor to strokes and remains a significant focus of our ecosystem of technologies and products. We facilitate the diagnosis of atrial fibrillation, providing cardiologists and patients the opportunity for earlier medical intervention. This not only improves patient outcomes but also underscores significant healthcare cost savings for both individuals and the broader healthcare system. For the second quarter ended September 30, 2025, revenue increased by 13% year-over-year to $3.3 million. This growth is a testament to the quality of our technology and efficacy of our strategic initiatives. Our Biocore line of products are turning heads at larger clinics and hospitals that have a longer sales cycle, and we have an unprecedented-for-us pipeline of high-quality, high-volume accounts that are conducting trials and pilots of our technologies. We've also been successful in our focus to transition our business to a flat-fee subscription model, having already transitioned approximately three-quarters of our business to establish a higher quality and more predictable revenue stream. Our flat-fee revenue grew by about 34% year-over-year from the comparative quarter of the prior year. Technology fees rose by 12.2% year-over-year to a little under $3.1 million, a 73% increase in flat revenue, flat-fee revenue. Once again, this reflects our strong customer retention and the quality of our support services. Gross profit for the quarter totaled $2.5 million, up 23% from $2 million in the prior year period. Our gross profit percentage improved 1,468 basis points to 75.3% for the fiscal year, up from 73.8% in the prior year. This increase is attributed to the expansion of our recurring technology fee revenue base, efficiencies gained through the proprietary AI that we use, and improvements in our monitoring cost structure. We've also become more efficient in producing our devices, which are also now enjoying sales at higher margins. Our insourcing business model allows cardiac medical professionals to have direct control over our services, enhancing efficiencies and enabling broader market penetration. Operating expenses for the second quarter of fiscal 2025 were $2.8 million compared to $3.5 million in the same period last year. This is a 34% improvement. Our selling general and admin expenses decreased by 35.5%, and we reduced our R&D expenses by almost 26%. As mentioned earlier, we have strategically transformed our sales force to focus on longer sales cycles and larger accounts, including independent hospitals and GPO networks. As Waqaas mentioned, we've now signed three of the largest GPO networks, providing us access to more than 90% of hospitals in the U.S., and certain of these are starting to work closely with us to partner with us in selling our technology. Net loss attributable to common stockholders decreased 57% year-over-year to $1.65 million or 7.3 cents per share from a net loss of $3.88 million or 44.1 cents per share in Q2 fiscal year 2024. This was despite the expenses associated with infrastructure growth and higher variable interest rates. We've become more efficient, both in terms of automation and use of AI to streamline operations, but we have also become proactive in cost management to achieve our goal of being EBITDA break-even, and we're very pleased with our progress. Management considers EBITDA and adjusted EBITDA as measures for the three and six-month period ended September 30, 2024, to be indicators of the company's progress towards break-even profitability, as well as improvement towards operating cash flow break-even. EBITDA improved by 80% and 50.4% respectively when compared to the three and six months ended for the corresponding prior year period. Adjusted EBITDA, which management uses as a measure for tracking free cash flow levels, improved to negative $249,000 for the quarter ended September 30, 2024, a reduction of over $1.7 million in negative adjusted EBITDA from the comparative period of the prior fiscal year. This is an 87% improvement. The company was able to achieve a positive Adjusted EBITDA for the month of September 2024 for the first time in its history, and we are focused on improving our free cash flow going forward. Our reconciliation of our Adjusted EBITDA numbers, our EBITDA and Adjusted EBITDA numbers, in fact, is available in our 10-Q, which we filed last night. Looking ahead, we remain committed to advancing the commercialization of Biocore and Biocare products. Our tech is truly useful globally. Cardiac is the number one chronic care condition in the entire world. We have recently made inroads or received approvals from the regulatory bodies of other countries, including Canada, that will allow us to sell in other jurisdictions. This sets us up for new initiatives we intend to move on in 2026 and beyond. The growing market's interest and demand for our suite of products dedicated to chronic cardiac disease prevention and management reinforce our confidence in our market position. Importantly, our focus on innovation and development continues to yield significant advancements in remote monitoring solutions for both diagnostic and post-diagnostic products, bringing us closer to achieving positive cash flow. We're excited about the future and confident in our ability to deliver sustained growth and profitability for Biotricity, and that concludes our prepared remarks. Operator, please open the line for questions. Thank you. We will now be conducting a question-and-answer session. If you would like to ask a question, please press star one on your telephone keypad. A confirmation tone will indicate your line is in the question queue. You may press star two to remove yourself from the queue. For participants using speaker equipment, it may be necessary to pick up the handset before pressing the star keys. One moment while we pull up the questions. And our first question comes from Kevin Dede, H.C. Wainwright. Hi, Waqaas. This is Michael Donovan. I'm calling on behalf of Kevin. Waqaas, can you elaborate on the predictive capabilities you're exploring with your Cardiac AI Cloud, and how do you anticipate these capabilities to impact patient outcomes and operational efficiencies? Yeah, great question. Thanks, Michael. So what we're really focusing on is early detection in terms of complex arrhythmia, so like AFib, V-tachs, heart blocks, stuff that requires a patient that they may end up in the hospital for a procedure. So if we can predict that type of deterioration early on, we can bring the patient in earlier. And that will not only allow us to turn devices faster and our doctors to turn devices faster so that the patient doesn't have to be out as longer, but it also can avoid huge healthcare costs for the insurance companies because now they don't have to spend, a stroke is a $250,000. Avoid that to get the patient in earlier and stabilize them. It's a huge cost savings as well to the system. Okay, that's helpful. Now, looking at your SG&A reduction, are these reductions primarily from structural changes, or are they on account of the partnerships that you have with the GPOs? So So you're able to use their networks. How do you plan on maintaining these reductions and further improving cost efficiencies? Yeah, so I think it's a combination of really all three things. So one is we're getting economies of scale now, and those things are kicking in. I think you've heard about us talking about that over the last year where as we grow and as our business becomes more and more SaaS-oriented, it's easier to manage, right? So the account management, if you want to manage one account, you need one person, but you don't need one person to manage one person for every one account. So as we grow, we've really gotten those efficiencies from an account management perspective. We were able to build out that account management. I think you've heard us talk about that in the last previous quarters where we really bifurcated our sales force and created an account management initiative. And so that account management team has really become efficient in driving that type of SG&A expense as opposed to using sales reps to do that. And the sales reps are now focused on sales. And as John kind of talked about, we are focusing those sales reps now on big deals, right? The GPO-oriented deals, the bigger deals, longer sales cycle, but much bigger wins. So it's really an optimization of not only the sales force, but the account management, and then economies of scale that are just coming in from as the business grows and the lifecycle of the business, as you operationally expand, the resources for every subsequent account that you grow in is less than when you first started out. So it's really all three things working together in tandem to drive that. Of course, we will continue to invest in growing our commercial team, but that investment is not going to be as linear as it used to be as the business has grown. Okay, that makes sense. Now, this largest, quote-unquote, largest inventory order in your history, is this required because of being onboarded by the GPOs, or how should we think about this inventory and revenue for calendar year 2025? I know you touched upon revenue a bit, but how should we think about that? Yeah, so I think the way to think about that is that we have the inventory on hand now for a clear path to profitability. So before we were still building out our inventory, we were obviously selling, but there's two things that our business has, right? We have new sales from new customers, and then we have existing customers that are buying additional devices and also moving on from the Bioflux and bringing on our newer product, which is the Biocore Pro. So now we have all the inventory on hand to service all of those. And so there's, of course, going to be a general increase of revenue from new customers coming in and from existing customers to add devices. But as older customers transition to the newer product, we also have the inventory on hand to service them. The way to think about it from an investor perspective or from your perspective is that, does the company have the inventory and the assets it needs to achieve its path to profitability, or does it need to invest in more inventory or purchase more inventory? The answer is that we have everything we need in-house now to get to our profitability point. Stated another way, based on this inventory order, if we sell all those units, we'll be well into the profit category. Okay, great. Now, you talked about Canada a bit last quarter. John mentioned it again. So with Health Canada approval of Biotres, can you give us a little bit of the market status where you guys are there? Yeah, it's Canada. Of course, our commercial focus is very much in the U.S. The focus in Canada is really to find distribution partnerships to help deploy that. We have kicked off one relationship, and that is already bearing fruit. We expect to see revenue trickling in from Canada within the next couple of quarters, and then we think that that's going to, as a division, start bringing in some revenue that we expect to show up by 2025. Okay. So neurology and pulmonology, can you touch upon that a little bit? I know you've talked about in the past, and just really what are specific opportunities, market segments that you find most promising there? Yeah, so the strategy over there is really to go after bigger partnerships where there is a partner that is focused on a patient population and a doctor population that has a comorbidity with cardiac. So our partners in the pulmonology space, they're focusing on home-based sleep studies, and now they're doing home-based sleep studies with cardiac studies to figure out risk factors of those patients and then referring them over on to a cardiologist. So that relationship has been kicked off. It's already generating revenue. It's starting to grow, and it's proven the thesis to us that building out strategic partnerships and relationships with groups that are targeting patients with other comorbidities in other specialty areas is one that does work, that does bear fruit, that is a commercial angle, and it's got a high revenue potential. Sizing of those markets and those opportunities, it's still early days for us to really comment on that. But what I can say is both of the partnerships that we've kicked off in pulmonology and in neurology, where one is focused on pulmonologists and the other one is focused on neurologists, both of those are active. They're generating revenue. Those relationships are growing, and we expect to build more relationships like that in the coming quarters and in the coming year. Okay, okay, great. Well, that's all my questions for now. Appreciate you entertaining them, Waqaas. Of course. Thank you. There are no further questions at this time. I would like to turn the floor back to Dr. Waqaas Al-Siddiq for closing remarks. Thank you. And thank you, everybody, for joining us on this call. We'd like to thank all our shareholders. We feel like we have a lot of momentum behind the company right now. We're very excited about the next couple of quarters. As you can see, revenues continuing to grow, margins are continuing to improve, costs are coming down, and losses are improving. As we've indicated in the last couple of quarters, we see a clear path to profitability. We're very excited now that we have our inventory order in place. We have all the assets and the resources that we have needed internally to execute on that path. Thank you again, and we look forward to speaking to everybody on our next call, and please reach out if you have any questions. Thank you. This does conclude today's teleconference. We thank you for your participation. You may disconnect your lines at this time.