Hello, and welcome to the annual meeting of stockholders of Pacific Biosciences of California, Inc. Please note that today's meeting is being recorded. At the conclusion of the meeting, we'll have a question and answer session. You can submit questions or comments at any time by clicking on the Q&A icon. It is now my pleasure to turn today's meeting over to Christian Henry, the President and Chief Executive Officer of PacBio. Christian, the floor is yours. Good morning, everyone. Welcome to PacBio's 2026 Virtual Annual Meeting of Stockholders. I am Christian Henry, President and Chief Executive Officer of PacBio and a member of the company's board of directors. The agenda for today's meeting consists of formally addressing the proposals set forth in our proxy statement. Following the adjournment of today's meeting, the conference line will remain open, and you may direct questions about the company's business to the company's investor relations team. As provided in the company's bylaws, I will act as chairman of this meeting. I have asked Brett Atkins, our General Counsel and Corporate Secretary, to act as the secretary of the meeting and to record the minutes. Before proceeding further, let me introduce the other directors who are in attendance virtually. John Milligan, Chairman of the Board. William Ericson, Randy Livingston, Marshall Mohr, Kathy Ordoñez, Christopher Smith, and Hannah Valantine. Also in attendance virtually are Natalie Welch, our Chief People Officer, Andrew Hoffman of Wilson Sonsini Goodrich & Rosati, our legal counsel, Yogi Ramsing of Ernst & Young, our independent registered public accounting firm, and Ken Frank, our Inspector of Election. I will now turn the meeting over to Brett Atkins, who will conduct the formal part of the meeting. Brett? Thanks, Christian. Good morning, and again, welcome to PacBio's 2026 Annual Meeting. The meeting is being held virtually in accordance with the company's bylaws and Delaware law. During the formal meeting, we will address the matters described in the proxy statement, which was first made available to all stockholders on or about April 23rd, 2026, and is available on the company's website and the SEC's website. I have proof by affidavit that notice of this meeting has been duly given and that the notice of annual meeting of stockholders, proxy statement, and proxy were mailed on or about April 23rd, 2026 to stockholders of record as of 5:00 P.M. Pacific Time on April 6th, 2026, which is the record date for the meeting. The affidavit will be filed with the minutes of the meeting. Ken Frank is acting as our Inspector of Election for this meeting. The Inspector of Election has signed an oath of office, which will also be filed with the minutes of the meeting. Based on information provided by the Inspector of Election, I can confirm we have present virtually or by proxy a sufficient number of shares to constitute a quorum. Having been duly constituted, we will now commence with the business of the meeting. If you have previously submitted your proxy, it is not necessary that you complete another proxy or vote. The stockholders who have not submitted proxies and who wish to vote remotely or want to change their vote, please follow the instructions provided online. After voting is completed on all matters on the agenda, we will close the polls and announce the preliminary results of the voting at the end of the meeting. It is now 9:04 A.M. Pacific Time on June 3rd, 2026, and the polls for each matter to be voted on at this time are now open. The first item of business is the election of the directors. As indicated in the company's proxy statement, William Ericson, Chris Gibson, Christian Henry, John Milligan, Kathy Ordoñez, and Christopher Smith have been nominated by the board of directors to serve as the company's directors with terms expiring in 2027. The board of directors recommends voting for each of these nominees. The second item of business is the ratification of the appointment of Ernst & Young LLP to serve as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2026. The board of directors recommends voting for the ratification of the appointment of Ernst & Young. The third item of business is an advisory vote on the compensation of our named executive officers. Although this vote is non-binding, the board of directors will consider the outcome when making future compensation decisions for our executive officers. The board of directors recommends voting for the approval of the compensation of our named executive officers. The fourth item of business is the approval of an amendment of our 2020 Equity Incentive Plan to increase the number of shares reserved under that plan by 16 million shares and make certain other changes. Our board of directors believes this amendment is in the best interest of PacBio and its stockholders and will allow PacBio to continue achieving its goals of attracting, retaining, and motivating our employees, directors, and other service providers through grants of equity awards. The board of directors recommends voting for the amendment of our 2020 Equity Incentive Plan. If you are voting today, you must submit your votes online at this time in order for them to be counted by the Inspector of Election. The Inspector of Election will not accept votes or any change or revocation submitted after the closing of the polls. We'll now briefly pause to enable those who are voting virtually to finish voting. Okay. It is now 9:06 A.M. Pacific Time on June 3rd, 2026. The polls for each matter to be voted on at this meeting are now closed. The proxies and votes will be tabulated by the Inspector of Election. With regard to Proposal One, the election of directors William Erickson, Chris Gibson, Christian Henry, John Milligan, Kathy Ordoñez, and Christopher Smith have been elected to the board of directors. With regard to Proposal Two, the ratification of Ernst & Young LLP to serve as the company's independent registered accounting firm has been approved. With regard to Proposal Three, the advisory approval of compensation of the company's named executive officers has been approved. With regard to Proposal Four, the amendment to the company's 2020 Equity Incentive Plan has been approved. These are the preliminary results of voting. The final count may vary following the final examination of the proxies and ballots. The final results of voting will be set forth in the report of the Inspector of Election and will also be reflected in a current report on a Form 8-K to be filed with the SEC. I'll now turn the meeting back over to Christian. This concludes the formal business of the annual meeting of stockholders. The meeting is now adjourned. At this time, we would like to entertain questions or comments from our stockholders. If you would like to submit a question, please do so by clicking on the Q&A icon. We will now pause for a moment to review any questions that have been submitted. We do not have any questions in the queue. I would like to thank all of you for attending today's meeting and for the interest you have shown in PacBio. We very much appreciate your attendance, and as always, thank you for your support. This concludes the meeting. You may now disconnect.