Good morning. Welcome to our second quarter 2022 earnings call. I'm joined today by my Chief Financial Officer, Jason Roos, and our Chief Investment Officer, Patrick Schafer. Following my opening remarks, Patrick will provide additional detail on our investment activity to date, and Jason will walk through the financials. The second quarter of 2022 was transformational for Logan Ridge and marks our first-year anniversary serving as the company's investment advisor. We're proud to say that during this time, we've quickly and completely transformed Logan Ridge through the successful execution of our business plan. We expect shareholders will really begin to see the fruits of our labor and the performance of the company in the second half of 2022. While Patrick will provide additional details on the transformation of our portfolio, I would like to emphasize a few of the milestones that I believe are game changers for Logan Ridge. We have substantially de-risked and de-levered the company. Specifically, as of June 30th, 2022, 42% of the company's investment portfolio at fair value was originated by BC Partners Credit platform, with ample cash and unused borrowing capacity under our new credit facility available for future deployment. During the 12 months ended June 30th, 2022, we have successfully monetized and/or realized just under $150 million of the legacy portfolio we inherited from the former advisor. This represents approximately 64% of the fair value of the portfolio when we took over managing the company. Credit has stabilized, and there has been no new non-accruals since Mount Logan Management became the company's investment advisor. Further, we successfully exited a non-accrual investment we inherited for proceeds of $0.6 million. This position was valued at zero as of June thirtieth, 2021. The company has delevered to 1x as of June thirtieth, 2022, from 1.2x as of December 31st, 2021, and 2.0x as of December 31st, 2020. We materially lowered the company's cost of debt with the successful refinancing of the entire legacy debt capital structure, which we completed during the most recent quarter. We've eliminated all near-term liability maturities and increased the company's borrowing capacity, which will provide the company with the necessary flexibility to grow its balance sheet. We've reduced the company's exposure to the legacy non-interest-earning equity investments to 21.4% of the portfolio at fair value as of June 30th, 2022, including the successful exit of Logan Ridge's largest legacy non-yielding equity interest in Eastport on June th29, 2022. This compares to 32.3% of the portfolio at fair value as of June 30th, 2021. For the 12-month period ended June 30th, 2022, administration fees reimbursed the administrator, BC Partners Management, totaled $0.6 million. This compares to $1.4 million reimbursed to the former administrator, Capital Advisors Corporation, for the 12-month period ended June 30th, 2021. With the successful completion of these material milestones, the current strength of our portfolio and our commitment to execute on our growth initiatives, Logan Ridge is now well positioned with ample balance sheet flexibility to capitalize on opportunities arising from the current credit environment. During the last twelve months, we've largely focused on righting the ship. We believe the collective successes I mentioned do exactly that. From here on out, we'll be laser-focused on returning Logan Ridge to profitability. With our newly refinanced capital structure and rising benchmark rates, we believe Logan Ridge is on track to begin to generate positive NII on a quarterly basis heading into next year before accounting for a return to normalized leverage levels or any incremental rotation of the remaining equity portfolio and on path to reinstate a dividend. With that, I'll turn the call over to Patrick Schafer, our Chief Investment Officer. Thanks, Ted. As of June 30th, 2022, fair value of our portfolio was $175.9 million in 44 portfolio companies. Consistent with our peers, we continue to operate in an uncertain economic environment with high inflation and rising interest rates, which has impacted credit and capital markets broadly. In spite of this, due to the successful execution of our business plan and prudent portfolio management, we successfully monetized and/or realized almost $150 million in legacy portfolio we inherited from the former advisor over the last year, which represents approximately 64% of the initial portfolio at fair value. As a result, 42% of the company's investment portfolio at fair value was invested in assets originated by the BC Partners Credit platform as of the quarter ending June 30th, 2022. Additionally, the company has $29.5 million in cash, as well as $34.4 million of unused borrowing capacity available for deployment in investments originated by the BC Partners Credit platform as of June 30th, 2022. During the second quarter, the company continued to judiciously redeploy capital generated from exiting the legacy portfolio. Specifically, the company made approximately $30.7 million in investments and had approximately $58.3 million in repayments and exits, resulting in net repayments and sales of approximately $27.6 million for the quarter. This includes the refinancing and recapitalization transaction completed by Eastport Holdings, LLC, that closed on June 29th, 2022. Whereby Logan Ridge received $16.5 million in cash and $19.3 million in principal of a new debt security in exchange for all its previous debt and equity securities, generating a realized gain of approximately $16 million. As of June 30th, 2022, we had debt investment in two portfolio companies on non-accrual status with an aggregate cost of $12.1 million and a fair value of $6.4 million, which represented 6.5% and 3.6% of the investment portfolio, respectively. There are no new non-accruals added to the portfolio during the quarter. As of June 30th, 2022, our debt investment portfolio represented 75% of the total portfolio at fair value and had a weighted average annualized yield of approximately 8.7%, excluding non-accruals and collateralized loan obligations. This compares to a debt investment portfolio which represented 68.1% of our total portfolio at fair value, with a weighted average annualized yield of approximately 8.3%, excluding non-accruals and collateralized loan obligations as of March 31st, 2022. Finally, the cost and fair value of our non-yielding equity portfolio as of June 30th, 2022 decreased to $40.7 million and $37.6 million, respectively. This compares to the cost and fair value of $43.6 million and $58.7 million as of the prior quarter, and $49.9 million and $73.7 million one year ago when we took over managing the company. I'll turn the call over to Jason. Thanks, Patrick. Turning to our financial results for the quarter ended June 30th, 2022. Our net asset value was $101.1 million or $37.31 per share, as compared to $106.2 million or $39.16 per share at the end of the first quarter of 2022, and $107.1 million or $39.48 per share as of December 31st, 2021. Net investment loss for the second quarter decreased to $900,000 as compared to net investment loss of $1.1 million reported in the first quarter of 2022. That said, net investment loss for the second quarter also included approximately $300,000 of incremental non-recurring financing costs and professional fees. Accordingly, excluding the impact of these non-recurring items, we would have reported adjusted net investment loss of $600,000. Total investment income was $3.3 million for the second quarter of 2022, which is flat compared to prior quarter and a decrease from $5 million reported for the second quarter of 2021. The decline from second quarter of 2021 was primarily due to delevering the portfolio. Total expenses for the second quarter of 2022 declined to $4.2 million from $4.4 million in the prior quarter and $5 million during the second quarter of 2021. The decline in expenses driven primarily by lower interest and financing fees, management fees, and other general and administrative costs. For the second quarter of 2022, we reported a net investment loss of $900,000 compared to net investment loss of $1.1 million in the prior quarter and net investment income of less than $100,000 during the second quarter of 2021. Net realized gain on investments was $15.5 million for the second quarter of 2022 compared to a net realized loss of less than $100,000 in the prior quarter and a net realized gain of $6.9 million during the second quarter of 2021. Cash and cash equivalents as of June 30th, 2022 increased to $29.5 million as compared to $15.8 million as of March 31st, 2022, primarily as a result of the Eastport Holdings, LLC refinancing and recapitalization transaction that closed on June 29th, 2022. For the three months ended June 30th, 2022, the company reported a net decrease in net assets resulting from operations of $5 million, or a net loss per share of $1.86. Further, during the second quarter, we successfully completed our work on the legacy capital structure, which will position the company for success and provide it with the flexibility to grow its balance sheet. Specifically, during the second quarter of 2022, we issued $15 million convertible notes due April 2032 and bear interest at a fixed interest rate of 5.25%. Additionally, during the quarter, we also amended our existing senior secured revolving credit agreement with KeyBank, increasing the commitment from $25 million to $75 million with an uncommitted accordion feature that allows us to borrow up to an additional $125 million. The amended KeyBank credit facility will mature on May 10th, 2027. Borrowings under the amended KeyBank credit facility will bear interest at a floating forward-looking term rate equal to one-month SOFR + 2.9%, subject to a 40 basis point SOFR floor during the three-year revolving period, and one-month SOFR + 3.25% subject to a 40 basis point SOFR floor thereafter. This compares to the old facility which bore interest at one-month LIBOR + 3.5%, subject to a minimum rate of 4.25%. Our initial draw on the credit facility was $49.1 million. The proceeds from these transactions were used to pay off the $52.1 million of 5.75% convertible notes outstanding, as well as the remaining $22.8 million of 6% notes outstanding, both of which matured on May 31st, 2022. With that, I will turn the call back over to Ted Goldthorpe. Thank you. Thank you, Jason. We are proud of the significant milestones we've accomplished over the last year, which has put us in a position where we can now focus entirely on returning the company to profitability and paying a regular dividend. Our team is committed to achieving this goal, and we fully expect this to be evident in the financial performance of the company during the second half of this year. Thank you everyone for your support. This concludes our prepared remarks, and I'll now turn the call over to the operator for any questions. If you would like to ask a question at this time, please press star then the number one on your telephone keypad. Again, that's star and the number one. We will pause for just a moment to compile the Q&A roster. Your first question comes from a line of Christopher Nolan with Ladenburg Thalmann. Patrick, on that realized gain, what was that company again, and was it related to a debt to equity swap? Yeah, it's Eastport. It was related to a restructuring of the company whereby we exchanged our equity for a debt security. $16 million is the realized amount, but some of that is unrealized swapping to realized. The NAV impact or fair market value impact was a little over $3 million. The remaining 13 of that was previously unrealized gain. The incremental NAV. When you say impact, you mean? Positive. Positive benefit. Okay. Of the 16- You mean the NAV- Right. The 16.3 is new. Yes. Of the 16.3 is new, I'll call it. Great. The unrealized depreciation, that was mostly a true-up on that? Yes. Yeah. That, yes. That's the. Yes. Great. Yeah. A good portion of that right flip from unrealized to realized, and then there was the incremental mark on the portfolio, which was, you know, due to our normal quarterly evaluation process. You gotta love the BDC accounting. Ted, you know, on your comments in terms of the outlook for the second half of the year, is it fair to read from that from your perspective right now, it seems like the company's trend towards returning to profitability will be in a better position by year-end or close to profitability by year-end than it is now? Yeah. Yeah, exactly. You know, again, like, the big focus for us was really fixing the capital structure and getting leverage down. Now, you know, it's really about getting income up. We've cut a lot of costs. You know, we run the vehicle a lot more efficiently now, as I mentioned. You should begin to see you know, us return to profitability and return to a position where we can start, you know, paying a dividend. You know, I think the big milestone this quarter clearly was we monetized our Eastport equity, which massively reduced not only our equity exposure, but also took away concentration risk, you know, because it's an outlier in terms of size. Now our largest equity position is, like, 4%. Yeah, we feel very, very good about the second half of this year. Great. Okay. Thank you, guys. Comes from the line of Steven Martin with Slater Capital. Hi, guys. Thank you. Couple questions. Yes, Steve. The unrealized loss of $19 million, some of that was, as you were just talking about, Eastport flipping around. How much of it was portfolio mark-to-market, and how much of that might be recovered where, given where the market is now? Yeah. Yeah, I would say. Good question. Oh, go ahead, Jason. Yeah, I would say about 13 was a true flip between unrealized and realized. The remainder was pretty much as unrealized indicates, right? It's basically looking at fair values on a future cash flow projections on you know, outlooks on the performance of the underlying company. You know, with the rebound in rates and credit spread, some of that we would expect to come back. Okay. Can you talk about deployments and repayments subsequent to the end of the quarter? Yeah. I would say similar to our other public BDC, which I know you were on as well, we had some increased deployment activity subsequent to the quarter end. I think the difference between the two would be for the most part of the second quarter, the folks in Logan Ridge had done the refinancing of the liability structure and getting the KeyBank facility in place. You kind of need to have a relatively static portfolio to kind of do those things. There was, I would say, you know, we still have some work to do subsequent to quarter end to increase investment activity because, you know, a lot of, you know, the transactions that occurred across our platform in July, I'll call it, had been things that were in the works for a while. There's a little bit of timing mismatch on kind of Logan Ridge availability in terms of putting out and deploying new capital. I'd say we still have some work to do on Logan Ridge in terms of deploying cash and making new investments. Does it make sense given the spreads right now to utilize the excess capacity which you obviously have in the liquid credit market if you can't put enough to work in the private credit market? I mean, the short answer is yes. The long answer is it's more complicated than that, as everything is. The facility has certain metrics and borrowing-based calculations that we need to fall within. The answer is yes, the liquid markets are attractive from a purely economic perspective, but we also need to weigh that against, you know, assets that are eligible that we can utilize for the facility. There's a Venn diagram of those things. The short answer is yes, we would absolutely expect to utilize the liquid markets to, for some period of time, to invest out of Logan Ridge. Okay. Recognizing that there was a lot going on on the debt side of Logan Ridge in Q2, can you give us an idea of what the pro forma interest expense might have looked like with the capital structure that's in place now? Or the corollary to that is what might the interest expense look like for Q3 given- Mm-hmm. The current debt structure? Yeah. I would say within the number that's presented for the quarter, there's about $230,000 of excess interest expense, just due to duplicative debt being on the portfolio, you know, per the mechanics of like paying off the existing debt. That $2.1 million has about $230,000 of, call it, one-time interest expense in it. Going forward, just using, you know, the rates that were in place as of June 30th, I would anticipate that that number be closer to the $1.7 million on a quarterly run rate. Gotcha. Anything material that was realized in the third quarter so far? Yeah. I mean, it depends on your definition of materiality. I'd say in some respects the answer is yes. We've realized some exits. I think one of them was disclosed by the purchasing entity. We've exited very recently our position in Vology. That is on our SOI. Our exit value, if you will, is in line with our quarter-end valuation as we had been expecting and knew that was in process as part of our quarterly valuation process. You shouldn't expect any impact from that. That was an asset that was realized this quarter. It was, you know, a $3.6-$3.8 million debt position. Again, depends on your definition of materiality. I'd say that's one item that's been kind of publicly disclosed. I wouldn't think there's anything else that would rise to an unusual materiality threshold. Now, Vology was on March 31st. You had debt and preferred, and you marked the preferred- Correct. down to zero. Correct. A non-accrual, so to speak? That's correct. Gotcha. That would have been part of the realized- That'd be part of the unrealized. No, that's part of the unrealized. Because it, as of 6/30, it hadn't been realized. It'll be part of the unrealized number that will theoretically get reversed out. You know, you'll reverse the unrealized and book the realized for Q3. But that's part of the unrealized Q2 number. That's part of that $19 million? Yes, that's correct. Got it. All right, thanks a lot. There are no further questions in queue at this time. Thank you again for dialing into our morning call. We look forward to speaking to you guys in mid-November. We wish everybody a really good end of summer. We'll talk to you in a couple weeks. Thank you so much. Ladies and gentlemen, this concludes today's conference call. You may now disconnect.