Welcome to the annual meeting for T3 Defense, Inc. Our host for today's call is Menachem Shalom, CEO. I will now turn the call over to your host. Mr. Shalom, you may begin. Annual meeting, date of June 18th. My name is Menachem Shalom, I'm the CEO of T3 Defense. Thank you for joining us today. I will be serving as chairman and secretary for this meeting. On behalf of the company, I want to welcome you and thank you for attending the special meeting of the stockholders. As is custom, we will conduct the business portion of our meeting first and answer questions at the end of the meeting. Though we may not be able to answer every question, we will do our best to provide a response to as many as possible and will address any unanswered questions on the provided web link shortly after the meeting. In keeping with the digital approach of this year's meeting, it is now shortly after noon Eastern time on June 24, 2026, this meeting is officially called to order. The company has appointed Matt Stark to act as inspection of election. Matt Stark is with us today and has taken the oath of inspector of election earlier today. After the formal meeting has been adjourned, we will provide time for general questions. Only validated stockholder may ask questions in the designated field on the web portal. Out of consideration for others, please limit yourself to three questions. Please note that this meeting is being recorded. However, no one attending via the webcast or telephone is permitted to use any audio recording device. The board of directors fixed May 21st, 2026, as the record date of determining stockholders entitled to vote at this meeting. An affidavit has been delivered attesting to the fact that the proxy statement to the stockholder was made available on or about May 29th, 2026, to all stockholders as of the record date and will be incorporated into the minutes of this meeting. The stockholder list shows that as of the record date, there were 60,270,525 shares of common stock outstanding and entitled to vote at this meeting. A tally of the voting to date indicates that a quorum is present, the meeting will proceed on that assumption. The presence of a quorum will be confirmed by the inspector of election when they complete their tally of the proxies and ballots. A final count of the exact number of shares present will be included in the minutes of this meeting. Now, I will present the matters to be voted upon. Please note that we will give stockholders an opportunity to comment on the proposal themselves after all proposals have been presented. Proposal 1 is the warrant shares proposal. This is a proposal to approve the issuance of shares of the company's common stock upon exercise of certain restricted common stock purchase warrants that were issued or issuable in connection with an offering of securities of the company pursuant to the terms of the securities purchase agreement dated February 24, 2026, for purposes of complying with NASDAQ listing rules. Proposal 2 is the preferred stock conversion issuance proposal. This is a proposal to approve the issuance of shares of common stock upon the conversion of the Series B convertible preferred stock issued or issuable with the February 2026 private placement as required by NASDAQ listing rule 5635(d). Proposal 3 is the reverse split proposal. This is a proposal to grant the board of directors of the company, the discretionary authority for 18 months to amend the company's amended and restated certificate of incorporation as amended to authorize a reverse stock split of common stock at the ratio in the range from 1: 2 to 1: 250, which such specific ratio to be determined by the board following the special meeting. If any stockholder would like to make a comment regarding any of the proposal, please submit your comment through the web portal. It is now 12:05 P.M. Eastern Time on June 24, 2026, and the polls are now open. Any stockholder who hasn't yet voted or wishes to change their vote may do so by clicking on the voting button on the web portal and following the instructions there. Stockholders who have sent in proxies or voted via telephone or internet and do not want to change their vote do not need to take any further action. Now that everyone has had the opportunity to vote, I now declare the polls for the special meeting of stockholder closed at 12:06 P.M. Eastern Time on June 24, 2026. Now let's see the preliminary voting results. We have been informed by the Inspector of Election that the preliminary vote reports shows that Proposal 1, the warrant shares proposal, has received more votes cast in favor of such warrant shares proposal than were cast opposing that warrant shares proposal, and thus, the requisite number of votes for the approval have been obtained. Proposal 2, the preferred stock conversion issuance proposal, has received more votes cast in favor of such proposal than were cast opposing such proposal, and thus the requisite number of votes for approval have been obtained. Proposal 3, the reverse split proposal, has received more votes cast in favor of such proposal than were cast opposing such proposal, and thus the requisite number of votes for approval have been obtained. We will be reporting the final vote results in a Form 8-K to be filed within four business days. There being no further business to come before the meeting, the special meeting of stockholder of T3 Defense Inc is now adjourned. We would like to open things up for stockholder questions and comments. Please note we will attempt to answer as many questions as time allows, but only questions that are germane and to the meeting will be addressed. Before we proceed, please may I remind you that during the course of these presentations or in answers to your question, anyone on behalf of the company may make forward-looking statements regarding future events or the future performance of the company. Of course, we cannot foresee the future, and actual events may turn out to be different from what we expect. Because of the nature of this meeting, we cannot undertake to provide updates or corrections to any statements that we make about the future. We refer you to our filings with the Securities and Exchange Commission, in particular, the company's most recent filings, the Form 10-K for the recently completed fiscal year, and Form 10-Q for the first quarter, as well as current reports on Form 8-K and the definitive proxy statement filed for this meeting. These documents identify important factors that could cause actual results to differ from any forward-looking statement we make today. I see several questions that go back about the discussion, the significant decrease in the stock price over the last few months. This is something I've been facing and receiving from multiple shareholders in this meeting and prior to this meeting. I believe that this is a result of the efforts the company is undertaking to raise money. As a reminder for some of the shareholders, the company has came to the market through a de-SPAC, which significantly deteriorated the situation of the company's financials. The company faced significant NASDAQ deficiencies. As a result of that, we had to raise money. We had to take several acquisitions with several companies that, in effect, have diluted the company's shareholders significantly and caused that decrease. Management believe the underlying assets of the company as of today are significantly higher than what the market price of the share is. What we are going to do is to work very hard to try and bring the value of those assets to the face and to be reflected in the share price. I want to thank all of you for joining the meeting. We would conclude this meeting as of now. Thank you. Thank you for attending today's meeting. Have a pleasant day.