Good morning, ladies and gentlemen, and welcome to Energy Recovery, Inc.'s 2026 annual meeting of stockholders. I would like to introduce you to Mr. Alex Buehler, Interim President and Chief Executive Officer of Energy Recovery, Inc. Mr. Buehler, you may begin. Thank you, operator. I want to welcome you to Energy Recovery's 2026 annual meeting of stockholders. We are pleased that you are with us. I will act as the chairperson of the meeting. William Yeung, our Chief Legal Officer, will act as secretary for the meeting. At this time, I will call the meeting to order. There are five items of business on today's agenda. Number one, to elect five directors to the company's board of directors. Number two, to hold an advisory vote on the 2025 compensation of the named executive officers named in the summary compensation table of our 2026 proxy statement. Number three, to ratify the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the company for the current fiscal year ending December 31st, 2026. Number four, to approve amendment number one to the Energy Recovery, Inc. 2020 Incentive Plan. Finally, number five, to transact such other business as may properly come before the meeting. Before we begin, I would like to introduce guests who are present today. Our board members joining us today include Pam Tondreau, our board chair, Joan Chow, Arve Hanstveit, and Colin Sabol. Also present at today's meeting are Andrew Thorpe of Gunderson Dettmer, outside legal counsel to the company, and Kathy Weeden, the independent election inspector appointed by our board and retained throughout Broadridge Investor Communication Solutions, Inc. In advance of the meeting, Ms. Weeden took her oath as inspector of election. At this time, I will turn the meeting over to William to begin the formal matters to be discussed at this meeting. Thank you, Alex. As in the past few years, our annual stockholder meeting is being conducted virtually through a live audio webcast. By holding a virtual meeting, we are enabling stockholders from around the world to attend and participate in our annual meeting, which allows for increased access and participation. We have also adopted a series of safeguards that we believe provide all stockholders the same rights and opportunities to participate in this meeting as they would at an in-person meeting. Stockholders logged into the meeting website will be able to submit questions by typing them into the text box on the meeting website through the end of the meeting. The company will post all of the questions and answers to those questions on our IR site soon after the meeting. We are conducting this meeting in accordance with our bylaws and the meeting rules of conduct and procedures. The meeting rules and agenda are available on the meeting website. As a reminder, stockholders attending the virtual meeting can vote their shares online through the closing of the polls by logging into the meeting website as a stockholder and clicking the Vote Here button on their screen. If you have previously voted by proxy and do not wish to change your vote, your vote will be cast as you previously instructed, and no further action is required. Finally, please note the meeting is being recorded and will be available for replay on the meeting website for 90 days. The board of directors set April 6th, 2026, as the date of record for the stockholder meeting. A copy of our stock register as of April 6th, 2026, is available on the meeting website. We have received the affidavit distribution of Broadridge Financial Solutions, which indicates that the notice of meeting and accompanying proxy materials and annual report were mailed to stockholders of record on the record date for this meeting. In addition, I have been advised by Ms. Weeden, the Inspector of Elections, that at least the majority of the issued and outstanding shares entitled to vote is represented in person or by proxy at today's meeting. Since a majority of the shares are represented here today, a quorum is present, the meeting is duly constituted, and the business of the meeting may proceed. Now, the polls are currently open, and the polls will close after all proposals are introduced. There are four items of business to be voted at this meeting. The first proposal concerns the election of directors. The board of directors has nominated Alex Buehler, Joan Chow, Arve Hanstveit, Colin Sabol, and Pam Tondreau for election to the board of directors, each to serve until the annual meeting of stockholders in 2027. As previously reported, Mr. David Moon has resigned from the company and the board. Accordingly, there will be one vacancy on the board. The second proposal is an advisory vote on the compensation of named executive officers named in the summary compensation table of our proxy statement. The third proposal concerns the ratification of the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the company for our current fiscal year ending December 31, 2026. The fourth proposal concerns the approval of amendment number one to the Energy Recovery, Inc. 2020 Incentive Plan. Amendment number one was approved by the board on April 15, 2026, and if approved, will amend the company's existing 2020 Incentive Plan. That concludes the presentation of the items of business that you've been asked to vote on at today's meeting. We will now take a short pause to allow shareholders to vote. The polls are now closed. I have received the preliminary voting results from the Inspector of Elections based on proxies received immediately prior to today's meeting. The preliminary voting results are as follows. For proposal number one, each of Alex Buehler, Joan Chow, Arve Hanstveit, Colin Sabol, and Pam Tondreau have been duly elected. For proposal number two, the compensation of our named executive officers for 2025 has also been approved by advisory vote. For appointment of Deloitte & Touche as our independent auditor for fiscal year 2026 has been ratified. For proposal number 4, the approval of amendment number 1 to the Energy Recovery, Inc. 2020 Incentive Plan has been approved. All votes are subject to final count certified by the Inspector of Elections. We will report the final vote results on a Form 8-K filed with the SEC within four business days from today's meeting. There being no further business to come before the meeting, the 2026 annual meeting of stockholders of Energy Recovery, Inc. is now adjourned. Thank you. Goodbye. That concludes the Energy Recovery 2026 annual meeting of stockholders. Thank you, and have a nice day.