Operator
Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to ContextLogic’s Third Quarter 2025 Earnings Conference Call. [Operator Instructions]. And there will not be a question and answer session at the conclusion of today’s call. However, a recording and transcript will be made available online, and management will make themselves available to the investor community over the coming weeks.
Except for historical information, the matters discussed during this call may include forward-looking statements within the meaning of the applicable U.S. Securities Litigation. Forward-looking statements involve known and unknown risks and uncertainties and other factors that may cause actual financial results, performance and achievements to be materially different from estimated future results, performance or achievements expressed or implied by those forward-looking statements.
All forward-looking statements reflect each of the company’s current views with respect to future events and are subject to risks and uncertainties, and assumptions have been made in drawing the conclusions included in such forward-looking statements. All statements other than historical facts are forward-looking statements. Actual results could differ materially, and the company is under no obligation to update such forward-looking statements. Please also note that past performance is not a guarantee of future results.
During this call, there will be reference to certain non-IFRS and non-GAAP financial measures, which should not be considered in isolation from or as a substitute of measures prepared in accordance with International Financial Reporting Standards or generally accepted accounting principles. As a reminder, all figures, unless otherwise noted, will be in U.S. dollars. I will now turn the call over to your host for today’s call, Rishi Bajaj, CEO of ContextLogic; Michael Scarola, CFO; and Janak Goyani, Vice President of Investments. Mr. Bajaj, you may begin.
