Operator
Thank you for standing by. My name is Kate, and I will be your conference operator today. At this time, I would like to welcome everyone to Purple Innovation Fourth Quarter Full Year 2025 Earnings. [Operator Instructions]
I would now like to turn the call over to Stacy Turnof, Investor Relations. Please go ahead.
Stacy Turnof
Edelman Smithfield
Thank you for joining Purple Innovation’s Fourth Quarter and Full Year 2025 Earnings Call. A copy of our earnings press release is available on the Investor Relations section of Purple’s website at www.purple.com.
Before we begin, I’d like to remind you that certain statements made in this presentation are forward-looking statements. These statements reflect Purple Innovation’s judgment and analysis as of today and are subject to a variety of risks and uncertainties that could cause actual results to differ materially from current expectations. You should not place undue reliance on these forward-looking statements. For more information, please refer to the risk factors outlined in our filings with the SEC.
Additionally, today’s presentation will reference non-GAAP financial measures such as adjusted gross margin, adjusted operating expenses, adjusted EBITDA, adjusted net loss and adjusted net loss per share. A reconciliation of these measures to the most comparable GAAP measures can be found in the earnings release available on our website.
With that, I’ll turn the call