Before we begin, I'd like to note that certain statements we may make today, July 7th, 2026, could be considered forward-looking. These statements are based on our current expectations and assumptions, and actual results may differ materially due to risks and uncertainties. We do not undertake any obligation to update these statements after today's discussion. For a full list of risk factors, please review the disclaimer on this slide and our most recent filings available at sec.gov. A replay of this webcast will be available later this week via the investor relations section of Veritone's website at www.veritone.com. Following today's prepared program, we'll host a live Q&A. To make the best use of our time together, we'll be answering a selection of questions that were submitted in advance by our investors and analysts. While the webcast platform includes a live call-in feature, we will not be taking live questions during today's event. Thank you for your understanding, and we look forward to addressing as many of the pre-submitted questions as time allows. Good morning, and welcome. I'm Ryan Steelberg, CEO and President of Veritone. Thank you for joining us today and for your continued interest in Veritone. Our goal over the next 90 minutes is simple, to give you a firsthand look at our business, our technology, our customers, and the opportunity we see ahead. You'll hear directly from customers. You'll see recent advancements across our entire product portfolio, gain insights into our strategic priorities, and better understand how we create long-term value for both customers and shareholders. At Veritone, we were founded around a simple observation. The world was generating an enormous amount of unstructured data, video, audio, images, and documents. Organizations had no practical way to understand, organize, or extract value from that information at scale. That's where our story begins. The name Veritone represents truth in the signal. It reflects our belief that within every second or megabyte of unstructured data are valuable insights waiting to be discovered, organized, and activated. That vision led us to develop aiWARE, our proprietary AI operating system, and ultimately a portfolio of purpose-built solutions designed to help organizations transform data into intelligence, efficiency, and revenue. What's remarkable is that while the AI landscape has changed dramatically over the last decade, the core challenge we set out to solve has only become more important. Media companies are sitting on decades of valuable video archives. Sports organizations own millions of moments of premium content. Government agencies manage vast amounts of investigative evidence and public records. Employers are overwhelmed by recruiting data and increasingly complex hiring workflows. Across every industry, organizations are struggling to unlock the value hidden inside their data. That's why I believe Veritone is sitting at the intersection of two of the most important forces shaping today's economy, AI and data. These trends are converging rapidly. AI needs high-quality data to deliver meaningful outcomes, and organizations need AI to make sense of the massive amounts of data they already possess. That intersection represents significant opportunity, and it's where Veritone is uniquely positioned to compete and win. Today, our technology supports mission-critical workflows across media, entertainment, sports, public sector, and talent acquisition. We benefit from long-standing customer relationships, recurring software revenue, expanding platform adoption, and increasingly valuable data assets. At the same time, we continue to see meaningful opportunities to grow across every area of our portfolio. As we look ahead, we're equally focused on opportunity and execution. Over the past year, we've sharpened our strategic focus, aligned resources around our highest value initiatives, streamlined our operations, and invested heavily in automation. Importantly, we're leveraging our own AI technologies inside our business to drive efficiency and scale. The result is a company that is increasingly disciplined, increasingly focused, and increasingly positioned for profitable and durable growth. We believe our business model can scale responsibly while creating sustainable long-term value for our shareholders. We believe our durability comes from solving real problems that matter. Whether it's helping media companies monetize content, enabling public sector agencies to accelerate investigations, supporting AI developers with trusted data, or helping employers hire more efficiently, our solutions address critical business challenges that customers cannot afford to ignore. Today's event is an opportunity to show you exactly how we do that. You'll see firsthand how media organizations transform content into intelligence and revenue. You'll see how public sector agencies are using AI to increase productivity, accelerate investigations, and support public safety. You'll learn how our data business are helping power the next generation of AI development and model training. You'll see how our hiring group, Broadbean, continues to modernize recruiting workflows for organizations around the world. You'll also hear about our strategic partnership with Oracle, which strengthens our ability to scale globally, support highly regulated environments, and meet the growing compute demands of modern AI workloads. We're incredibly excited about the future and Veritone's future. We're excited to share our vision, demonstrate our technology, introduce you to our customers, and provide a deeper understanding of the business we're building. Thank you again for being here. With that, let's get started. It's now my pleasure to introduce our Chief Revenue Officer, Sean King, who will provide an overview of our commercial business. Hello. Thank you for joining today. I'm Sean King, Chief Revenue Officer for Veritone. Our commercial business has been a foundational pillar of Veritone for years, and today it stands as one of the clearest examples of how AI creates measurable business value. At its core, we help organizations ingest, organize, understand, manage, and even monetize their unstructured data. The data we're talking about is audio, video, images, and documents. This data spans everything from live sports broadcasts and breaking news to decades-old archives and even marketing assets. Because of that capability, we built an expansive global footprint of market-leading organizations. While our roots run deep across the media landscape, our primary customer base focuses on three massive sectors. First, global media and broadcast networks. Leading radio and TV station groups rely on our tech to streamline workflows, optimize ad spend, and monetize their archives. Second, professional sports federations, leagues, and teams. Major sporting organizations leverage our tools to manage massive amounts of video, boost fan engagements via social clips, and unlock hidden revenue from historic footage. Third, production studios and content archives. These enterprises use our AI to tag, manage, and license decades of content, turning static assets into dynamic revenue-generating streams. As our products evolve, we are expanding this footprint even further. Our mission is simple: to democratize AI for organizations both large and small. Let's talk about how we turn this mission into revenue. Every organization wants to know exactly what's in their archives. They want to find content instantly, and they want to create new revenue streams. This is exactly where Veritone comes in. Our commercial business generates revenue through a highly active hybrid model. We combine SaaS subscription fees and consumption-based pricing with managed services, content licensing, and professional services. This model is incredibly compelling for three reasons. First, it gives us predictable, recurring earnings stability, while consumption pricing allows us to scale up alongside customer demand. Second, it creates a powerful growth flywheel. As customers bring more content into our ecosystem, they use more of our applications. As their archives grow, our opportunities for licensing and monetization grow right along with them. Third, diversification. We serve sports, entertainment, news, corporate communications, and brand marketing. While each customer uses our tech differently, they are all solving the exact same problem: turning content into intelligence and intelligence into value. Financially, we are actively driving operating leverage to accelerate our path to profitability, supported by ongoing restructuring and AI-driven cost efficiency initiatives. What truly differentiates Veritone in an increasingly crowded AI market? It comes down to four distinct advantages. Number one is experience. Long before generative AI became a headline, Veritone was building AI-powered workflows for some of the largest media organizations in the world. We are a founder-led business with over a decade of experience, trusted by thousands to solve mission-critical challenges safely, securely, and ethically. Number two is our deep understanding of content. We don't just store data, we enrich it, search it, govern it, and activate it. That is a fundamentally different challenge than simply throwing an AI model at a dataset. Number three is our unified ecosystem. Many of our competitors address a single piece of the workflow. Veritone helps customers manage the entire lifecycle of their content, from applications to monetization. Finally, we have a unique advantage few can replicate: access to some of the most valuable rights-cleared content libraries in the world. This creates massive synergies across our commercial, Data Refinery, and Data Marketplace initiatives. To power this ecosystem, we provide an AI-first product suite that serves as the infrastructure for the next generation of media intelligence. Let's look at the core portfolio. First, Veritone Digital Media Hub, or DMH. This is more than a storage solution, it's a revenue engine. It allows media organizations to centralize and protect content while launching white-labeled storefronts to monetize their archives directly. Historically, DMH was designed for enterprise giants with massive operations teams. We've asked ourselves, "What if we could deliver those exact same enterprise AI capabilities to organizations of any size?" That vision has led to our next major evolution. DMH takes a powerful foundation and reimagines it for a much broader audience. It is faster to deploy, easier to use, and highly affordable. Users can upload content, automatically enrich it with AI metadata, create clips, and search it instantly. Customers can be up and running in less than an hour. We are incredibly excited about this next evolution because it dramatically expands our addressable market. We are bringing proven enterprise power to thousands of mid-market organizations and independent creators who have never had access to tools like this before. This democratization represents one of our most significant growth opportunities. Beyond DMH, our suite includes Veritone Discovery, our advertising content intelligence solution. Discovery provides near real-time analysis of live broadcasts, allowing teams to verify sponsor delivery and instantly surface earned media value. We also have Veritone Attribute, our platform-agnostic attribution solution. Attribute bridges the gap between linear broadcast and digital impact. By correlating broadcast ads and live reads to real-time web traffic, it gives broadcasters the hard data they need to prove campaign ROI, reduce churn, and drive up sales. Looking ahead, we are continuing to layer in agentic workflows, intelligent assistance, and automation. We are helping customers do more with less, while creating entirely new ways to extract value from their content. Ultimately, that is the story of our commercial business. We help customers transform content into intelligence. We help them transform intelligence into revenue, and we are preparing them for a future where every piece of content becomes significantly more valuable through AI. To show you exactly what this looks like in practice, I'd like to turn it over to Alyssa Clemson, our Senior Product Manager. Alyssa, the floor is yours. Thank you, Sean, and thanks for having me. I'm Alyssa Clemson, and I am the Senior Product Manager for our commercial business at Veritone. Today, I'm excited to walk you through the latest updates to our commercial product portfolio. Before we begin, a quick introduction. I've spent the last five years driving AI-powered platform and data product strategy at Veritone. Before my current role, I worked on the customer success team. This gives me an unusually sharp lens on usability and real-world workflows. I build with the end user in mind from day one, not as an afterthought. Every organization has thousands of hours of content. The challenge isn't creating it's finding it again. Your content shouldn't be limited to file names and folders. DMH automatically identifies the people, brands, texts, and details hidden in every asset to help you find exactly what you're looking for in seconds. Our AI doesn't just organize your content. It's going to help you understand what's inside before you ever even hit play. When the right content is easy to find, teams move faster, collaborate better, and get more value from every asset they create. With our built-in licensing and distribution workflows, your content becomes much more than an archive. It becomes a revenue opportunity. Veritone Digital Media Hub makes every asset searchable, understandable, and actionable. Powerful media management should be accessible to every team. You can go from sign-up to searchable content in minutes. With just a few clicks, upload your content and let Veritone's AI automatically transform it into a searchable, organized media library. The same AI-powered intelligence trusted by enterprise organizations is now available through a simple self-service experience. Our AI automatically organizes your content, eliminating hours of manual work. Find exactly what you need, even if you only remember a term, phrase, or moment. You can also create a fully white-labeled media experience in just a few clicks. Your media portal becomes an extension of your brand. No developers, designers, or tricky work required. Organize and share your content through a professional experience that reflects your brand. With built-in licensing workflows, your content becomes more than an archive. It becomes a source of value and revenue for your business. From creators and agencies to growing organizations, the power of DMH, built for everyone. Every team has more information than ever before. The challenge now is knowing what matters. Veri helps teams get answers the same way they'd ask conversational questions. Every answer leads to a deeper understanding, helping you uncover trends, opportunities, and performance drivers in just seconds. Instead of spending hours analyzing reports, Veri surfaces the insights and next steps that matter the most. Soon, the same intelligence will help teams understand and unlock more value from their content in Digital Media Hub and uncover the stories, trends, and signals that matter the most to law enforcement to solve cases in Investigate. Now, let's hear from one of our customers. I work in media, and specifically, we have five radio stations here in Tampa, and it's important that we can be as accountable as digital media. I knew that Veritone had a product that could help us address that. It was vitally important that we address that so we can grow our business, so clients can have confidence that the money they're spending with us is being well-used with a great level of return. I engaged Veritone for help because I've worked with Veritone in the past, and I know their customer service is fantastic. Their products are up-to-date and cutting-edge and could really create a solution for us. We work with Attribute and Discovery, and both of those products help us show the customer how their dollars are working. We had worked with other trackable models before, so when we converted to Veritone, my sales reps picked it up quickly and were able to go out in the field and really get results by embracing Veritone and the accountability that it was showing. Radio works, media works, now we have a trackable system to really operate and show clients how their money's being spent. Working with Veritone was very quick. I think it was less than a month between when we connected with them, had the contract signed, and were up and running. It solved our problems right off the bat. Once our sales reps were trained on Attribute and Discovery, it was seamless. They were able to take campaigns that our clients ran and show them the results and do A/B testing, which copy was more effective than other copy, which day parts were more effective. That allowed us to really double down on things that were clients where they were spending their money wisely and where we could be more efficient. What I like to say Attribute is in cancellation insurance. Since we've been working with Veritone, we've seen our cancellations go down and our renewals go up. That's an important metric for us specifically, because when I took over here four years ago, renewals was a major issue, and now it's much more seamless because we can clearly demonstrate the value of our products. I think the data that's most important for us, out of the three, the customer service that we get from Veritone is very important. I have a long relationship with some of the people there, the products are equally as important because without the products, we wouldn't be able to show our clients the value for working with us. Kevin Nazal, Executive Director at Game Show Network. One of the issues that we had was we had over 30 years of library content of our game shows all over the place, in different areas, on tape, on different servers, and it was very hard to search our content to find if we wanted to stunt things, to marathon things, if we were searching for particular questions, or if we needed to do a special on someone that we were celebrating or may have passed away. When we first heard about Veritone, we were just looking for a place to store all of our game show questions so that we can easily search for it. It quickly became a solution for us to search our content and helped with our workflows. We found it with our workflows with social, easy to implement and easy for our social teams to search for our content. Previously, the way that we were searching for content was through Excel files or metadata that was entered into some of our systems. If you're looking for Christmas content, someone in the office knew about which episodes and which shows we had particular Christmas content. They still had to go search and actually watch those shows. It also helps with a lot of our on-air promos. We were able to quickly edit and develop a lot of the content from that. One of the other solutions that came out of this was we were able to do a lot more marketing partnerships with partners to actually provide content that was relevant. One of them that we're doing for Game Show Network is we're partnering with Alamo Drafthouse and providing pre-show content for each of their movies. One of our KPIs that we've discovered is less quantitative and more qualitative. We just have found that the efficiency with the teams has become a lot faster. We've also found that searching for content in real time has become a lot easier. Veritone for all of us has become a tool that we're utilizing digitally for our website, for social, and especially for on-air. We're really glad that Veritone's part of our workflow now. With that, I'll turn it over to Peter to walk us through ArchiveIQ. Thanks, Alyssa. I'm Peter Leeb, Vice President of our commercial business at Veritone. In my role, I lead enterprise AI adoption, strategy, and new business growth. I also oversee deal-making and partnership, corporate strategy, and go-to-market across Fortune 1000 enterprises and technology partners. Enterprises today are sitting on petabytes of unstructured media data, often blind to its true commercial value. Veritone ArchiveIQ changes that, providing a unified observability platform to unlock those hidden assets. Our executive summary dashboard offers a single view from across your ecosystem. For this archive, we identify over 1,400 TB of data, revealing an over $33 million untapped value opportunity across revenue, cost savings, and risk reduction. Let's take a look at how we drill down into these numbers. With a single click, users can dive deep into archive growth trends and asset composition. The platform allows you to effortlessly slice and dice data by content type, resolution, or language, giving teams the power to analyze media from multiple suppliers in either an aggregate or isolated view. When it comes to financial optimization, ArchiveIQ provides actionable pathways. Under the untapped value analysis, the platform distinguishes between immediate cost savings opportunities and active revenue generation. Finally, we've integrated the ArchiveIQ Assistant. This interactive AI companion allows teams to run predictive monetization assessments instantly. By entering specific asset quantities, resolution types, and metadata richness, the platform leverages a decade of historical marketplace data to forecast the licensing value of an archive. Fully customizable, secure, and highly scalable ArchiveIQ transforms stagnant media archives into liquid corporate assets, maximizing corporate ROI and securely provisioning the high-fidelity data needed to train the next generation of AI models. Discover the true value of your archive with Veritone. Thanks for having me. I look forward to sharing more about our data licensing business in just a bit. In the meantime, I'll turn it over to Jon Gacek to share more about public sector business. Thanks, Peter. Good afternoon. My name is Jon Gacek, Senior Vice President of Public Sector and Strategy at Veritone. I spent the last eight years helping develop AI-enabled solutions for public safety agencies at the local, state, and federal levels. Today, public sector has become one of the fastest-growing and most strategically important areas of our business. While many AI companies are still searching for practical, real-world applications of their technology, Veritone is already delivering measurable outcomes for government agencies every single day. At its core, our public sector business helps agencies manage, analyze, and act on massive volumes of digital evidence, investigative records, audio, video, and documents. The challenge facing governments today is straightforward. The amount of data continues to grow exponentially, the number of applications have grown exponentially, but staffing levels, budgets, and resources have not kept pace. Investigators are expected to review thousands of hours of evidence, including video and audio. Agencies have to respond to public records requests faster than ever before. All of this must happen while maintaining strict compliance, absolute security, and chain of custody requirements. The reality is that many agencies are attempting to solve 21st-century problems using workflows designed decades ago. Our AI-powered applications change that. We help agencies process information faster, uncover critical insights more efficiently and effectively, and dramatically reduce the time to complete mission-critical tasks, and we do it much more accurately. Today, our public sector customers include federal agencies, state governments, and local law enforcement, universities, international public safety organizations, and agencies across that ecosystem. We are proud to support elite and demanding environments, including the U.S. Air Force, the DLA, the DOJ, Riverside PD, Riverside Sheriff, Anaheim PD, and the Cold Case Foundation. These are not experimental use cases. These are operational necessities driven by real-world challenges that agencies must solve regardless of the economic conditions. From a business model perspective, we generate revenue through software subscriptions, implementation services, professional services, and long-term enterprise deployments. Importantly, this business thrives on having success, expanding the use cases, and expanding the customer base. Public sector is very much a success-based business. An agency may initially deploy a single application to solve a targeted challenge, but once they experience the significant productivity gains, they routinely expand across other departments, other workflows, and additional data sets. Because these systems become deeply embedded in day-to-day operations, our customer relationships are highly durable and long-lasting. When it comes to public sector, security isn't a feature, it's a non-negotiable requirement. Public safety and intelligence organizations cannot compromise. The data that they manage includes criminal investigations, personally identifiable information, and intelligence records that require the highest levels of protection. That is why security, governance, and compliance have been foundational design principles for Veritone from day one. Our solutions are built to align with rigorous CJIS security standards for law enforcement. Further, our applications are FedRAMP-authorized. We continue to invest heavily in the environments that meet the government's most stringent security risk management and compliance standards. Equally important is our open architecture. Government organizations operate in complex environments, lots of different technologies, and they have evolved over many decades. They cannot afford to rip and replace every system that they own every time there's a new technology. Veritone's approach allows agencies to integrate their existing tools and data sets seamlessly. We also offer unmatched deployment flexibility. An agency can operate Veritone solutions in the public cloud, government clouds, private infrastructure, or in fully air-gapped deployments managed by themselves. Very few AI companies can operate across the full spectrum of deployment options. For our customers, it means they never have to choose between innovation and compliance, and we can take our technology to what the mission requirements require. Now, we have a unique ability to work across multiple data types. Investigators don't think in terms of separate audio files, video clips, or text documents. They think in terms of cases and data. Our platform brings these disparate data sources together into a single searchable intelligence layer. This allows investigators to find hidden connections faster and make better decisions. Today, agencies simply cannot keep up with the volume of modern data and the disparate data sets. Our core products Investigate, Track, Redact, and Assess all directly sit at the center of this trend. Each application solves a critical operational challenge. Together, they create a comprehensive platform that accelerates investigations, improves compliance, and unlocks unprecedented productivity, and ultimately solving cases. Just as importantly, these applications create an ideal foundation for the next generation of agentic government workflows. As AI continues to evolve, agencies will look for solutions that don't simply surface information, but actually help the personnel complete the tasks faster. Veritone is uniquely positioned to lead that evolution. Unlike newcomers entering the public sector today, we are not starting from scratch. We have spent years building trusted relationships, secure infrastructure, routes to market, and proven workflows that agencies rely on every day. The result is a business characterized by strong demand, durable revenue, expanding use cases, and a massive growing market opportunity. We are only beginning to unlock what is possible. Now let's hear from a customer. I'm Butch Rabiega, I currently work for the Cold Case Foundation, volunteer, our foundation provides assistance to law enforcement and victims' families across the country in working on cold cases. First we uploaded a case that had 2 TB of information, I had a hard time wrapping my head around it, even though I'd been working on it six months with the continual updates and information being received from the technical side, as well as the investigative side. When I started utilizing Veritone and interacting with it and asking it questions, it would provide the information back in a concrete, coherent manner in seconds, listing everything so that it made it so easy to remember because it was so logical to flow, the speed at which it came back was incredible. It would've taken me a week to do just that one question, going through the information, I just kept digging into it, I found that, a week and a half ago, maybe, we entered a new case working with my supervisors, we asked about 10 questions from all the information. In about 30 minutes we had a complete summary of the case that made sense, that could then give us not only an overwhelming understanding, but a direction of where to go next. What leads to maybe pursue. I've been using it to work on cases, I've seen what it's produced and how quickly it's produced information, I've seen how it learns, then I actually learn from the system because when you interact with the system, it comes back and tells you what it's searching for. It also makes recommendations on better ways maybe to search what you're looking for. It's like I've said before, it's a partnership. It's like your personal partner in this investigation that you have that you can go back and forth with. It just, again, the less time you have to worry about putting all this different information together, the more you can focus in on the important stuff in the case to help identify those leads. We're hoping to be able to use it and upload all of our cases and use it on all of them. We want this to be the foundation for all of our work. It doesn't make sense to not do that. My name is Richard Coleman. I'm the Founder and CEO of MissionRT. I spent my career in public safety technology working with law enforcement and government agencies to deploy tools that quite literally save lives and make communities safer. We chose to partner with Veritone because their AI platform, from our perspective, was uniquely aligned with the challenges we see every single day in public safety and every single day across government, frankly. We weren't looking for just another model or just another point solution. We're looking for an AI operating system that understands the real-world workflows, that understands law enforcement, understands public sector. That's exactly what we got with Veritone. Veritone has proven that they can deliver what law enforcement and public safety's looking for. Their Redact product and broader aiWARE platform. These solutions are already helping agencies automate some of the most painful, time-consuming parts of the job. Things like redacting video, which can take hours and hours trying to go through a video before it's forwarded and released publicly. It's cutting significant amounts of time and audio for public records and evidence releases. Instead of adding another siloed tool, just a tool that's going to work all by itself, we're seeing that Veritone, they're providing a way to connect AI directly into existing systems and processes, and exactly into the model that MissionRT is looking for. We're an open ecosystem. We want to end data silos, not create more. We thought selecting a solution like Veritone, which plugs directly into these systems, was exactly what we needed across public safety and law enforcement. They have a track record of operating at scale. One thing about law enforcement is this data is mission-critical. There's a lot of it. You can't come in and not be mission-ready. You can't come in and not be ready to go to fight the problems of today's battles. Veritone is a solution that we see as mission-ready. It's been proven, not only in the commercial markets, but it's proven in the law enforcement public safety markets at scale. With an emphasis around security, privacy, compliance, which is critical. The fact that they're FedRAMP-authorized means that they not only can operate at the state and local level, but they can also operate at the federal level, which from our perspective is something that made them stand out from the crowd. Because of all that, we see Veritone as not just another AI supplier for us, not just another AI tool. We see them as the fundamental infrastructure partner that helps MissionRT deliver integrated mission-ready AI capabilities to our customers. Now I'd like to invite Victoria to walk through the products that are driving the momentum and show you exactly how agencies are using Veritone technology to transform public safety operations. Victoria, take it away. Thanks, Jon. I'm Victoria Dickson, and I'm the product director for our public sector solutions. Over the last four years at Veritone, I've led mission-critical initiatives across multiple businesses, increasing customer value, internal adoption, and more efficient go-to-market execution. Starting with Investigate. Investigate is one workspace for every artifact in a case, including body cam footage, CCTV, interviews, documents, and more. Let's open an example of an officer-involved shooting case. The detective can open the officer's body-worn camera, read through the summary generated on upload to quickly gain context without watching the whole clip. On the timeline, she can search the transcript, objects, and faces in one view and jump to key moments in seconds, not hours. Switching to detectives searching across sources who need to connect the dots. They can find a silver minivan in CCTV footage and on social media if they've shared in a post the next day, all inside of one system. For all cases and cross-case searches, we ensure officer protections are in place. We provide sensitive content alerts for relevant files based on key file intelligence gained upon upload. By default, this covers CSAM and pornography but is fully customizable based on an agency's needs. All available today. One pane of glass, intelligence on upload, cross-case searching, and investigatory protection, all built in. For what's next, nested folders and map-based preview. Soon, you can organize your cases as needed, segmenting out sources or isolating key evidence. The upgraded key actions will give you speed for efficiency for items like tagging, editing, and exporting. Additionally, the new map view will give you key geographic intelligence at every step of the way inside of your case, as well as across cases. Production power today with key enhancements coming soon. Let's move to Redact. Redact is one of our most widely used public sector applications and solves a very real challenge. Agencies are required to protect personally identifiable information when releasing body-worn camera footage, dashcam footage, or other key evidence. Historically, this meant someone had to go frame by frame and manually blur sensitive content. Redact removes that burden. The application features object detection flags for faces and heads, allows you to confirm redactions for other objects like laptops, notepads, and license plates. You can also manually confirm any of the redactions that are auto-detected. You can apply codes or leave timestamp comments for others to review. For audio on the same file or for audio-only files, you also have the ability to come in and redact or apply redact voice masks, all depending on your agency's needs and file release policy needs. Images follow the same detection review workflows as videos without displaying the timeline video or audio tabs. Video, audio, and newly released image redaction capabilities, along with audit reports, all available in production today. A preview of the soon-to-be-released document redaction. For PII detection groups for addresses, phone numbers, and names, you can now check and confirm the findings. It allows human review and release instead of auto-release. Outline preview also shows what's behind the box, so you can scan through and review to make sure everything that you need is covered. Redacted files produce the same output, which is a redacted file with audit capabilities ready for counsel review or release to the requester. Once the document redaction capabilities are released, you'll have access to redact all media in easy-to-use, audit-friendly tool. Finally, I'm proud to show you Assess, which is a brand-new AI-powered data analyst solution. Built with law enforcement, military, and compliance professionals in mind, Assess condenses time spent on manual data reviews, empowering investigations, and ultimately transforming unstructured data into actionable insights. Currently available as a standalone application, this tool will soon be available within Investigate. The platform features three primary capabilities shipping together: persona-configured agents, Veri Chat, and formal case assessment. Agencies can customize and define specific personas, such as homicide, narcotics, or financial crimes, within the settings. Within the case workspace, investigators can use plain language to Ask Veri, similar to what Alyssa previously demoed, as part of our commercial solution suite to perform tasks, such as finding every case tied to a specific phone number. Veri scans all key data stored across files and cases to provide actionable guidance. For instance, we can filter 12 active cases in one step, surfacing patterns in minutes that would typically have taken days to cross-reference. The case assessment feature analyzes incident reports against department policies for command and internal affairs review. Timeline findings are easily categorized, with each linked directly to the source document. This allows reviewers to validate the reasoning behind findings rather than just the conclusion. Finally, reports can be easily exported from the same interface, providing structured and auditable information for leadership. The platform integrates daily investigation tools with case assessment for oversight, creating a single platform that handles everything from evidence to briefing and release. Thank you for your time today. Before I turn it back over to Peter to share more about our data licensing business, let's take a minute to hear from one of our partners, Oracle. When people talk about AI, they often focus on the models. What we're seeing with companies like Veritone is that the real opportunity lies in what organizations can do with their data. Across media, entertainment, and sports, companies are sitting on decades of valuable content, video, audio, images, and documents that has historically been difficult to access, analyze, and monetize at scale. AI is changing that. Veritone is helping some of the world's most recognizable media brands unlock the value of those assets through intelligent workflows that make content searchable, actionable, and revenue-generating. That's the art of the possible when AI is paired with the right data foundation. As those workloads grow, scale matters. The amount of compute required to process, analyze, and derive intelligence from petabytes of content is substantial, and it's only increasing as AI adoption accelerates. That's where Oracle comes in. Oracle Cloud Infrastructure provides the performance, reliability, and scalability needed to support these mission-critical AI workloads. Together, Oracle and Veritone are creating an environment where customers can confidently apply AI across massive content libraries and operational workflows without compromising performance or trust. We're excited about the partnership because it represents more than a technology deployment. It's an example of how AI can create entirely new opportunities for media, entertainment, and sports organizations. We're still in the early innings of what's possible. The AI narrative has fundamentally shifted from raw computing power to high-fidelity data architecture. Data is the single most critical element of the entire technology stack. For years, early foundational models relied on scraping public internet data. Today, that public resource has been exhausted. The true competitive advantage now belongs exclusively to those who possess unique, proprietary, and recurring real-world information. Enterprise data is the ultimate competitive moat and fuel behind foundational models, application models, or internal models. However, a massive commercial bottleneck remains. The world's most valuable data is multimodal. Hundreds of millions of hours of rich video and audio trapped inside unstructured legacy systems and archives. Because models are only as good as the data used to train them, AI researchers, scientists, and machine learning engineers are now allocating billions of dollars to secure premium, ethically sourced, and rights-cleared datasets. Veritone sits precisely at the intersection of these market forces, transforming dormant enterprise data into a highly liquid, entirely new asset class. To monetize enterprise data, you must first translate it into a universal language that machines can comprehend. That is the function of the Veritone Data Refinery, or VDR. Think of VDR as the industrial conversion engine that transforms raw, unstructured media into AI-ready assets. Organizations sit on decades of audio, video, images, and documents that are historically impossible to index, search, or utilize. VDR ingests, enriches, annotates, and formats this dark data into high-density, machine-readable tokens. Crucially, and when necessary, the platform can also execute automated privacy and compliance controls, such as the redaction of personally identifiable information. Veritone monetizes VDR through a highly scalable transaction matrix, including data processing fees, consumption-based refinement revenue, and data preparation services. The global traction is undeniable. The Veritone Data Refinery processed 22.2 trillion tokens during the second half of 2025 alone. This marks an over 3.5 times volume increase compared to the first half of the year, driven directly by the throughput demands of all the leading public hyperscalers and model developers. This extraordinary momentum is rooted in deep institutional trust. As Sean mentioned, we have over a decade of experience connecting rights holders with buyers through our content licensing business. Our content and data licensing experts have executed thousands of agreements across media, sports, news, and entertainment for some of the world's most recognized brands. Our experience negotiating usage rights, managing approvals, and helping support compliance through evolving copyright and distribution standards, in addition to our established reputation for securely facilitating massive volumes of rich multimodal data through our platform, has solidified our core partnerships with global hyperscalers, consistently yielding multiple repeat orders and exceptional benchmarking validation under the most demanding enterprise workloads. If the Veritone Data Refinery is the industrial plant that processes raw content into high-grade fuel, the Veritone Data Marketplace, or VDM, is the financial marketplace where that fuel is securely transacted. VDR produces the asset and VDM monetizes it. VDM is a fully governed, transparent marketplace built to establish clean provenance and fair compensation. On one side, verified rights holders establish a brand-new, high-margin revenue stream for their data. On the other side, accredited developers building foundational models, vertical solutions, and custom fine-tuned systems gain instant access to premium, rights-cleared data. Veritone captures value across this ecosystem through marketplace transaction fees, direct revenue sharing on data licensing agreements, and recurring platform fees. We view VDR and VDM as two halves of the exact same macroeconomic. By positioning Veritone emerging data economy, we are empowering organizations to unlock the true liquidity of their archives while securely provisioning the next generation of artificial intelligence. Maximize your data. Empower the future. This is Veritone. With that, I'm pleased to welcome Sean King back to share more about our talent acquisition business, Broadbean by Veritone. Thanks, Peter. While much of today's discussion has been focused on AI and digital transformation, Broadbean represents something uniquely important to our long-term strategy. It is a durable, global SaaS business with deep customer relationships, highly recurring revenue, and significant opportunities for innovation. For more than two decades, Broadbean has helped employers solve one of the most fundamental challenges facing every organization, finding and hiring talent. Today, Broadbean serves thousands of customers around the world. We're talking about enterprise employers, government agencies, staffing organizations, and recruiting teams across virtually every industry. Our platform helps them distribute jobs, manage recruitment marketing campaigns, optimize candidate attraction, and improve hiring outcomes. At a time when organizations face intense pressure to do more with fewer resources, these capabilities have never been more important. The recruiting landscape has become dramatically more complex. Employers are expecting to attract talent across dozens of different channels. Candidates expect faster, personalized experiences, recruiters are being asked to manage crushing workloads while proving measurable results, all while hiring budgets remain under pressure. This is why our business model is so incredibly resilient. We generate revenue through recurring SaaS subscriptions, recruitment advertising services, and strategic technology partnerships. Recruiting remains a mission-critical function regardless of the economic condition, Broadbean benefits from longstanding customer relationships and highly predictable usage patterns. Many of our customers have relied on Broadbean for years, and in some cases, decades, as a foundational part of their hiring technology stack. That level of durability is incredibly valuable to Veritone. It provides a stable source of recurring revenue while creating built-in opportunities to expand services, introduce new capabilities, and deepen customer relationships over time. One of the primary reasons Broadbean has maintained its market leadership is its ability to integrate seamlessly into the systems customers already use. Today's hiring environment isn't powered by a single platform. It's a vast ecosystem of applicant tracking systems, job boards, and analytic tools. Broadbean acts as the connective tissue across that entire ecosystem. Our deep integrations with industry leaders like Workday, Oracle, and SAP position us right at the center of some of the world's largest hiring environments. These relationships create a massive competitive moat. They give us a distinct advantage and provide immediate access to growth opportunities as organizations continue to modernize their talent acquisition. Together, the Broadbean suite includes four core solution areas designed to maximize operational efficiency. First is Broadbean Job Distribution. This enables recruiters to publish openings across hundreds of job boards and career sites from a single interface. Instead of manually posting jobs one by one, recruiters distribute positions at scale, maintain consistency, and gain instant visibility into performance. It creates massive operational efficiencies. Second is Broadbean Programmatic. As recruiting becomes increasingly data-driven, organizations need smarter ways to allocate ad spend. Programmatic helps employers automatically optimize recruitment advertising using real-time performance data. Instead of guessing where to invest recruitment dollars, automation directs spend towards the channels delivering the strongest results. This means higher candidate quality, lower acquisition costs, and a much better return on investment. Our recently introduced Job Acceleration capabilities extend this value even further, allowing recruiters to quickly boost visibility for critical or hard-to-fill positions when hiring needs are most urgent. Third is Broadbean OFCCP. Compliance is a strict critical requirement for federal contractors and highly regulated organizations. This solution automates and simplifies complex compliant workflows, reducing the administrative burden while mitigating risk and maintaining confidence in the hiring process. The fourth is Broadbean Media Services. This is our managed services offering that helps organizations maximize their recruitment marketing investments. Our team works directly with customers to develop media strategies, negotiate placements, and improve outcomes. Media Services continues to demonstrate strong growth as organizations increasingly seek expert guidance to navigate a fragmented marketplace. It adds a powerful layer of value that drives long-term retention. What makes Broadbean particularly exciting today is not just where the business has been, it's where the business is going. Recruiters spend countless hours performing repetitive administrative tasks, writing job descriptions, managing campaigns, analyzing data, coordinating workflows. These processes are the exact use case that benefit most from intelligent automation and agentic AI. This is why we are investing heavily in the next generation of Broadbean capabilities. We believe the future of talent acquisition isn't simply about posting jobs. It is about creating intelligent systems that help recruiters make better decisions, move faster, and focus their time on high-value human interactions. Broadbean is uniquely positioned to lead this transition because we already sit at the center of the workflow. We have the data, we have the integrations, and we have the customer relationships necessary to bring these innovations to market at scale. As we look ahead, we see significant opportunities to expand Broadbean's value positioning through automation, AI-assisted recruiting, and deeper HR ecosystem integrations. Combined with its recurring revenue model, global customer base, and powerhouse partner network, Broadbean remains an important, profitable contributor to Veritone's long-term growth strategy. It is a business perfectly positioned to ride the very same AI tailwinds that are reshaping industries all around the world. To show you exactly how these innovations are coming to life, I'd like to turn it over to Brittany, who will give you a look into what the future of talent acquisition looks like with Broadbean. Brittany, over to you. Thanks, Sean. I'm Brittany McKenzie, the Senior Director of Sales and Account Management here at Broadbean by Veritone. There's always that one job, the one the hiring team needs filled right now, and it's sitting in the same campaign as everything else, taking the same slice of budget as roles that aren't urgent at all. That's the gap Job Acceleration closes. It takes a single role and gives it its own dedicated push without touching anything else you're running. Let me walk you through it. Every job in the campaign has its own accelerate control right here in the row. Opening it brings it up to a quick setup just for the one role. You're choosing a budget, a runtime, and how quickly you want candidates coming in. Nothing else in the account is affected. The whole thing rests on three simple ideas. The budget is dedicated, so it never pulls from your main campaign. The delivery is faster because this role now has its own push behind it, and you only pay for the traffic you actually use. There's no waste built in it. When a budget is chosen here, it funds a brand-new separate campaign for this one job. The original budget stays exactly where it was. You're adding firepower to the role that needs it, not borrowing it from somewhere else. One confirmation and the new campaign is cleared to run right alongside the original job. From there, it goes live straight away. It starts competing for the candidates on this role immediately, with no waiting for the next cycle to come around. That's it. The role is accelerated. There's a new campaign running now, tracked entirely on its own, so the impact of that extra push is clear from day one. Back in the table, every accelerated role carries a badge. At a glance, even across hundreds of jobs, you can see exactly which ones have a dedicated push behind them. Open the card and you get the live picture for the role in one place. Clicks, applicants, budget, spend, cost per click, cost per applicant, everything you need to know that it's working. You stay in control the whole way through. The same card lets you end the acceleration whenever you want. If priorities shift or the role gets filled, you stop the spend right there. Now here's the part that really matters. The applicants from the accelerated role sit right alongside every other job in the table. You can see in plain numbers the candidates the dedicated push brought in. That's the return in black and white. All of this rolls up. Whether you're in the overview, the jobs view, or reports, the acceleration data comes through, so you can compare its impact across the whole account, not just one role at a time. Here's what I leave you with. When a single role needs to move now, Job Acceleration gives it a dedicated push, measured on its own with spend you stay in control of. One of our customers, SOS Group, said it better than I can. In their words, "This has been an absolute game changer for us. We have so many times needed to be reactive, and here it is. This is how we can do that." This is the reaction we keep hearing, and it's exactly why we built this. Now let's take a moment to hear from one of our customers. My name is Megan Gebbie. I am the director of talent acquisition with SOS Group. Prior to working with Broadbean, we were experiencing a lot of issues with getting a large pool of applicants. The volume of applicants we were getting was just not sufficient enough to fill the amount of job openings that we had. We needed to address this in order to please our clients. We're their vendors, we work for them, and we want to make them happy, and the jobs were not getting filled. Even though there may have been a few jobs being filled, they weren't being filled fast enough. We engaged with Broadbean to help us bring in just a larger volume of applicants. What we were doing wasn't enough. We were posting manually. We were updating our own posts. We were revamping our own posts on one job board, one of the largest job boards out there that everybody else was using. The competition was fierce, and we couldn't keep up. The Broadbean solution that we used, just using the sponsored posts, getting us out there on top of multiple job boards. We are using the sponsored posts through Broadbean. It's been incredible. Timeline was pretty quick. It was a very seamless process once we got involved with them and the integration process for us, everything was very straightforward. Kind of hands-off for us as well. Broadbean and Veritone is who we're currently working with. They were able to just jump into everything that we needed with minimal need from us. They were able to get it all done. It honestly did not take long at all. We ended up probably seeing the turnaround within just a day or two of our jobs being put on boards and applicants rolling in. We've seen quite a few benefits from this. Again, just seeing a larger pool of applicants. There's a lot of competition out there right now. We have just seen a tremendous amount of more qualified applicants, just better fits rolling into our system. We now have a database filled with all types of qualified applicants across the board. Since we started using Veritone and Broadbean, we have really noticed the number of some of our KPIs that improved were the number of interviews the recruiters were getting weekly. Those, some weeks, have tripled, with the amount of applicants we're pulling in, especially on our busy time of year, which is now. We have seen a tremendous number of official hire letters, offer letters going out. From the funnel of recruiting, from that net we cast out, we have seen a huge increase in that. Even though at the bottom of that funnel, it doesn't look like a huge number, and the number that we do get coming out and working for us is much larger than it ever was prior to us using these services. One of the most important data points I would consider, would probably just be, again, the number of applicants we get. Staffing, there's no exact science to it. There's algorithms out there that help us get people, but they're still very unpredictable. Working with the human race is just very challenging at times. That being said, if we've learned anything, it's the more people we talk to, the more applicants we get, the higher chance we get of somebody making it across the finish line and starting to work. I would say the number of interviews increasing, and then the number of hire letters, were just so important to us, and have made a huge difference. It's helped our company grow over a short period of time. Then learning a little bit about the Job Acceleration, too. We are now able to become very reactive when needed. Our clients have noticed, and our clients have made positive comments on us filling jobs. All right. Hopefully everybody can hear me now. All right, great. Sorry for that delay as we transitioned over. Anyway, thank you guys for staying on. It was a long session, but obviously I think, the point where we want to really impress upon everybody is, well, first and foremost, I want to thank my team for putting this together and all of our customers are really and eagerly willing to speak out about what our solutions are bringing to the table and how they're part of not just their day in and day out and weekly and monthly workflows, but they are mission-critical, as you've heard from them and you've heard from our team. What you've seen and what we are building and deploying, the important elements here are, it's all about data and AI, right? The magic in what you can do and how you can apply orchestrated AI and agentic AI to massive amounts of messy, unstructured data, with real results. Obviously, we've been able to do that across multiple business segments, and in some areas, radical different workflows and use cases. The important element is that these are all built on a common vision, a common stack of aiWARE, and it allows us to continue to service these customers at huge scale with great velocity. The game is changing. Our need to continue to innovate fast, introduce the latest state-of-the-art features and functionality is critical for us to stay competitive, and we are. Again, I want to appreciate everybody for joining today. We have been compiling a list of different questions. I want to spend a few minutes, if those can give me the audience to stay on for a little bit, and I'll do it. Please note that this presentation is going to be made available for replay. Obviously, there's a lot of great nuggets in here that we're going to intend to chunk up and distribute through different campaigns and the like. Again, this entire webcast will be available for playback. Let's get to a few questions. In terms of scale, one thing I wanted to add before we jump to Oracle is, what you've seen here today and what we're building is used by tens of thousands of unique users and thousands of customers each and every month consistently. Again, we just want to double tap on what you're seeing here are mission-critical workflows used by end users and enterprises every single day, every single week, and every single month. Again, that's something that we take a lot of pride in, but it's important that we continue to build and extend upon that opportunity. The first question is about Oracle. The question was specifically, can you provide a quick update on Oracle and where we are with that product integration, the product rollout, and the extent of the relationship? We are on track. I think we are planning on right now to start moving material amount of data payloads, initially focused on the data side and then secondarily on the compute side as early as August, which is right on track. More importantly than just a phenomenal technology partner, we do expect to be clear when we make this transition, that the efficiencies that we're going to realize through this relationship could potentially generate up to 20% or more in cost savings, which is going to be just awesome. However, there's a lot more to this relationship than just being a technology vendor. We look at this as a great partnership for co-selling and really attacking the marketship as really partners in almost like teaming agreements. I had the opportunity to speak live at their annual sales kickoff To an audience of thousands of sellers, and frankly, it was just Veritone and one other customer who had that opportunity. Again, we are all in on the Oracle relationship. They've been a great partner so far, both in helping us assist in the transition on the technical and the build on the technical side, but also a co-selling partner as well. All right. Second question is a little bit on just what's the business model or a little bit of the workflow behind VDR. We got a lot of questions here, but I'm going to give you short and succinct answers here on some of these. VDR is exciting and we sit on both sides of the equation, both the buy side and the sell side. On the buy side, we have direct contracted engagements with numerous foundational model and hyperscaler companies, the likes of the Google, the NVIDIA, and others. Again, we're under a master services agreement contracts with them, and then we execute specific task orders or purchase orders as data needs come out. For example, if they're looking for 10,000 hours of security footage, that needs to be run through aiWARE indexed with metadata, cleaned, transcoded, et cetera. That would be an example where we're executing an order, working with those hyperscalers directly. On the flip side, we also have numerous engagements, and we are under contract on the sell side. The likes of a lot of the data suppliers. Again, the vision here is to have the largest supply available, readily available. We are always looking to acquire new datasets, build relationship with new data providers, and immediately, through our technology stack, DMH and aiWARE, is make those datasets available, and get those supplies and those samples in front of these data scientists, in front of these hyperscalers as quickly as possible. Again, we think about it as hit rate. We don't want to be in a position when a hyperscaler says, "Hey, we're interested, or we're looking for a dataset." How quickly can we find it if we don't have it already, and how quickly can we prepare that dataset, process it, enrich it with metadata, and be able to prepare it and deliver it to the end customer? Again, VDR, Veritone Data Refinery, we sit on both sides, contracted with the buyers and the seller side. It's a very advantageous position that we're in today. A question about hyperscalers and how we look at them as partners or competitors. We look at them as primarily partners. I could say Oracle obviously is a hyperscaler on the infrastructure side. AWS, NVIDIA. These are obviously hyperscalers, and they're both partners where we are actually selling them, actually generating revenue from them. In many instances, we're co-selling with them in the likes of an Oracle or an AWS. Of course, they offer their own models, and of course, they offer their own application frameworks where you can build on the solutions. Again, what makes Veritone so powerful is we are the full end-to-end stack. From the full end data ingest, the orchestration of models that we're agnostic, so people can bring their models, or they can tap into over 250 models that we have readily available on our stack, all the way to using our API or application levels. Again, Veritone can be the full end-to-end stack, or we can work in concert in coordination with the hyperscalers, which we've done on multiple occasions for different customers out there. Again, the ecosystem, obviously, there's overlap in different areas, but I would definitively state that a lot of these groups are either clients or partners, not necessarily competitors of ours. Let's talk about Highway Patrol, recent large deal that we just announced around our public safety software solutions, specifically redaction, was with the California Highway Patrol. It was a multi-year deal servicing tens of thousands of officers. Yes, we look to be able to repeat that. Now, first and foremost, the products that we've sold to them are rinse and repeat. These are highly reliable, highly available software solutions that can immediately be provisioned and spun up for new customers. Yes, we are always, as we mentioned, and Jon Gacek through his presentation today did mention, Veritone continues to penetrate larger and larger agencies out there. That's the whole game is fight hard to get those initial wins, over-service the companies with great products and great service, and continue to grow and expand from there. Absolutely, we're thrilled about the California Highway Patrol, which is a very large agency. We're looking to expand, not frankly just within that agency, but rinse and repeat with our multiple different solution offerings and be able to take those to multiple different agencies across the country. Broadbean by Veritone. We talked a lot about that at the very end. Broadbean is a phenomenal business. It's very profitable. It's got a very large customer base. To be clear, like the rest of our business offerings, it's a data problem. They are helping solve massive data and data coordination and workflow problems. They are currently integrated with hundreds of different ATS, application tracking systems, like the Workdays, and the Oracles out there, but they're also integrated with thousands of job boards. Their business model is really helping businesses who are looking to hire individuals be able to sift through all those job recs Find the right job-based advertising and distribute those to thousands of job boards, and then process millions and millions of applicants each and every single month. It's a massive data workflow. It's a massive data problem. Ripe for obviously how we're applying AI to make that process ever more efficient. We love the business. It's got a very large international customer base. Stay tuned. We're going to be rolling out a lot of new features and net new products and applications through the course of the balance of the year, going after them. Also cross-selling. Broadbean has hundreds already of public safety customers, both domestically and internationally. Again, cross-selling our products and solutions across our expanded customer base remains a very important priority for us with clear OKRs. Again, we've already started to do that, and Broadbean's going to be a big part of that cross-selling and growth strategy. Let's do just a couple more. Back to some of the reorganization stuff that we've been talking a little bit on previous finance calls and earnings calls. We did announce that we are going through major restructuring and really with a concerted effort to reduce our cost structure. As I can report that we are on track. I think we were very clear that we are looking to execute a lot of these reorg and cost-saving initiatives between June and through the end of July. We are on track, we're going to stay disciplined and we're going to get it done. This is a business that has a great opportunity. It's got a very large installed revenue base, thousands of customers, we've got to right-size our cost structure. Veritone obviously should be in a different position. We're obviously not happy with the way that the stock has been performing, for those investors who are listening to this. As everybody's seen here today, we have great technology, state-of-the-art technology. We have thousands of customers, very engaged customers, we have been, we've got to fix the other areas of the business. As we touched on before, we've de-leveraged the business significantly, going from an aggregated total debt load of well over $200 million in the past. We've brought that down significantly. There's more work to be done, we're going to get it done. I want to leave here is first, what you've seen today is awesome. It's brilliant and exciting. I'm thankful for my team. I'm thankful for the customers who lent their voice to support us. This is a very passionate group that's running this business top to bottom, we're going to get it done. Veritone is going to be a stalwart in the AI and data ecosystem for the years to come. With that, I'm going to sign off here. This will be available for replay later, we're also going to be leveraging a lot of this great content and chunk it up into different campaigns as well. Thank you for your time, we'll talk to you soon. Bye-bye.