Workhorse Group Inc. (WKHS) Q1 2025 Earnings Call Transcript

Workhorse Group Inc. (NASDAQ:WKHS) Q1 2025 Earnings Conference Call May 15, 2025 8:00 AM ET

Company Participants

Stan March – Vice President, Corporate Development and Communications
Rick Dauch – Chief Executive Officer
Bob Ginnan – Chief Financial Officer

Operator

Greetings and welcome to the Workhorse Group Q1 2025 Earnings Conference Call and Webcast. At this time, all participants are in a listen-only mode. [Operator Instructions] A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It’s now my pleasure to turn the call over to Stan March. Please go ahead, Stan.

Stan March

Thank you very much, Kevin. Good morning. We’d like to welcome all of you to Workhorse’s Q1 2025 results call.

Before we begin, I’d like to note that we posted our results for the first quarter, which ended March 31st, 2025, via press release this morning, and you can find the press release and an accompanying investor presentation that will form the basis of today’s call in the Investor Relations section of our website. We’ll be tracking along with the presentation during the call.

Joining me on today’s call are Rick Dauch, our CEO; and Bob Ginnan, our CFO. For today’s agenda, please turn to Slide 3. Following my opening comments, I’ll hand the call over to Rick, who’ll give an update on our strategic and operational priorities and deliverables during Q1. Bob will then walk us through our financial results before discussing our continued actions to preserve cash and extend our financial runway. Then Rick will wrap it up before we open the call to questions.

Turning to Slide 4, you can find our disclaimer. Some of the comments that will be made on this call today are forward-looking and are subject to certain provisions and are also subject to