Mawson Infrastructure Group, Inc. Q1 FY2023 Earnings Call

Operator: Good afternoon! And welcome to the Mawson Infrastructure Group First Quarter 2023 Earnings Results Conference Call. During the presentation all participants will be in a listen-only mode. Afterwards we will conduct a question-and-answer session. [Operator Instructions]. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Tim Broadfoot, Chief Corporate Officer. Thank you, Tim. You may begin. Tim Broadfoot: Welcome ladies and gentlemen, to the Q1 presentation for Mawson Infrastructure Group. In this presentation we look forward to updating you to the operating and financial performance of the company. In today's presentation we may make forward-looking statements. We bring your attention to the disclosures on Slide 2 regarding these statements, and encourage you to read our full disclosures in our most recently filed 10-K and 10-Q. In addition, some of the metrics in today's presentation use non-GAAP financial metrics. We bring your attention to Slide 13 for a reconciliation of those metrics. Mawson utilizes a dynamic three-pillar approach to revenue generation in its standard business operations. This allows for a robust revenue model, to navigate the volatility in all associated markets within our industry. Firstly, we have our self-mining operation. Mawson currently has 13,500 miners deployed and hashing at its facilities. Secondly, we are entering into long-term hosting contracts, with 50 megawatts deployed and additiona