Welcome to the annual meeting for Impinj. Our host for today's call is Chris Diorio, Chief Executive Officer. I will now turn the call over to your host. Mr. Diorio, you may begin. Good morning. On behalf of Impinj, welcome to the 2026 Annual Meeting of Stockholders. I'm Chris Diorio, Impinj's CEO. Joining me is Yukio Morikubo, Impinj's General Counsel, Chief Compliance Officer, and Secretary. We will conduct the business of this meeting. We're holding our annual meeting of stockholders virtually this year via live webcast. Please note this meeting is being recorded. At this time, we will call the meeting to order. At this morning's 2026 Annual Meeting of Stockholders, we're joined by members of our board and members of our executive team. Representatives of our independent public accountants, Ernst & Young LLP, and our outside corporate law firm, Wilson Sonsini Goodrich & Rosati, are also virtually present at the meeting today. Thank you for attending. I will now ask Yukio Morikubo to conduct the formal part of the meeting. Good morning. On the screen is an agenda that sets forth the order of business for today's meeting. You can access our rules of conduct by clicking the Agenda and Rules of Conduct link under the Meeting Materials section on the bottom right of your screen. These rules are intended to ensure that we have an orderly and informative meeting. Thank you for adhering to them. If you registered with your 16-digit voting control number, you may submit a question by entering it in the Ask a Question section on the bottom left of your screen. Please note that we will only address questions that are pertinent to the business of the meeting. At our meeting today, we will address and vote on the matters described in the company's proxy statement dated April 16th, 2026. I am the inspector of elections for today's meeting. As inspector, I have signed an oath which will be filed with today's meeting minutes. Notice of Impinj's 2026 annual meeting of stockholders was duly given in accordance with the company's bylaws and applicable law. Digital copies of the notice and proxy statement, including our proxy supplement, are available for your review. To access these documents, click the link under the Meeting Materials Section on the bottom right of your screen. The company's agents have certified that beginning on April 16, 2026, they mailed a Notice of Internet Availability of Proxy Materials to the company's stockholders of record as of April 8, 2026, and that the company's proxy materials were in fact available to those stockholders over the Internet. We will file copies of the notice and related affidavit of mailing with the minutes of this meeting. Only stockholders at the close of business on April 8, 2026 are entitled to vote at today's meeting. As of the close of business on that date, there were 30,459,059 shares of common stock issued and outstanding, each entitled to one vote. A complete list of stockholders of record as of April 8, 2026, was available to stockholders for any purpose germane to this meeting for the 10 days preceding this meeting. A majority of the shares entitled to vote are represented at today's meeting, either virtually or by proxy. I hereby declare a quorum present and this meeting duly convened for purposes of transacting business. There are four proposals before us today. I will briefly describe each of the proposals and then open the polls for voting. If you have already voted your shares and are happy with your vote, no action is required at this time. If you have not yet voted or would like to change your vote, you may do so by clicking the Voting Here link at the bottom center of your screen. The first proposal is to elect seven directors. The directors elected at today's meeting will hold office for a one-year term ending at the 2027 annual meeting of stockholders or until their successors are duly elected and qualified. The seven candidates unanimously nominated by the board of directors are Chris Diorio, Daniel Gibson, Umesh Padval, Steve Sanghi, Meera Rao, Arthur L. Valdez, Jr., and Miron Washington. Each of these seven nominees has indicated that he or she is able and willing to serve if elected. Information concerning the nominees is contained in the proxy statement. The board recommends a vote for the election of each of these seven nominees. The affirmative vote of a majority of the voting power of shares of our common stock present in person or represented by proxy and entitled to vote is required to elect each director. The second proposal is to ratify the appointment of Ernst & Young LLP as the company's independent registered public accounting firm to audit the company's consolidated financial statements for the current fiscal year ending December 31st, 2026. The audit committee of the Board of Directors has selected Ernst & Young as our independent registered public accounting firm for the 2026 fiscal year. The affirmative vote of a majority of the voting power of the shares of our common stock present in person or represented by proxy and entitled to vote is required to approve this proposal. Our Board of Directors recommends a vote for this proposal. The third proposal is to approve, on an advisory basis, the compensation of our named executive officers. Because this proposal is advisory in nature, it will not affect any compensation already paid or awarded to our named executive officers and will not be binding on the company, the Board of Directors, or the Compensation Committee. However, the Compensation Committee will consider the outcome of this proposal when determining executive compensation for the remainder of the current fiscal year and beyond. The affirmative vote of a majority of the voting power of the shares of our common stock present in person or represented by proxy and entitled to vote is required to approve this proposal on an advisory basis. Our Board of Directors recommends a vote for this proposal. The fourth proposal is to approve the new 2026 Equity Incentive Plan. The affirmative vote of a majority of the voting power of the shares of our common stock present in person or represented by proxy and entitled to vote is required to approve this proposal. Our board of directors recommends a vote for this proposal. We will now proceed to the question and comment period. I remind you that the meeting has been called for the purpose of considering the four previously described proposals. Accordingly, all questions and comments should be confined to those matters. If there are any stockholder questions or comments concerning the four proposals previously described, we will follow up directly with a response. We will now proceed with the voting on the proposals. It is 9:08 A.M., and the polls are now open. If you have previously sent a signed proxy card or submitted your proxy vote by telephone or on the Internet and you're happy with your vote, it is not necessary for you to vote today. If you were a stockholder of record at the close of business on April 8, 2026, or you have a valid legal proxy from your broker, bank, or other agent with respect to the shares you beneficially own, and you desire to vote or change your vote at today's meeting, and if you have a 16-digit voting control number issued by Broadridge, you can vote or change your vote by clicking the Vote Here button located on the bottom center of your screen. We will pause a moment for voting. It appears all stockholders have submitted their proxies or digital ballots. I now declare the polls closed at 9:09 A.M. No additional proxies or votes will be accepted, nor will any changes or revocations to previously submitted proxies or votes be accepted. Based on preliminary voting results, each of the seven director nominees up for election at this meeting have been reelected. The Ernst & Young proposal has been approved. The compensation of our named executive officers has been approved, and our new 2026 Equity Incentive Plan has also been approved. We will publicly report the results of voting at today's meeting on a Form 8-K filing with the U.S. Securities and Exchange Commission within four business days of today's meeting. This concludes the business scheduled for this meeting, and I now declare this meeting concluded. Thank you for attending and for your continued support. This now concludes the meeting. Thank you for joining, and have a pleasant day.