Latest / The Dan Show / Transparency, Patents & The Path Forward

Transcript

Transparency, Patents & The Path Forward · The Dan Show

• 0:04
  SPEAKER_01: Welcome to another Dan show.
• 0:06
  SPEAKER_01: Hey Dan.
• 0:08
  SPEAKER_00: Kylie.
• 0:12
  SPEAKER_01: We are I know.
• 0:14
  SPEAKER_00: We're not going to go to the next one.
• 0:16
  SPEAKER_01: Every day's a yay.
• 0:17
  SPEAKER_00: You know why we're not going there?
• 0:19
  SPEAKER_01: Why?
• 0:20
  SPEAKER_00: Because we are now a syndicated show, right?
• 0:24
  SPEAKER_00: Yes.
• 0:25
  SPEAKER_00: We have to be evergreen, right?
• 0:26
  SPEAKER_01: Yeah.
• 0:27
  SPEAKER_01: Well, we'll stay topical.
• 0:28
  SPEAKER_01: Maybe you know, we need to get better about what day it is when we when we actually commit.
• 0:34
  SPEAKER_01: Um but yeah, the syndication's big.
• 0:36
  SPEAKER_01: It's something that is exciting.
• 0:38
  SPEAKER_01: Do you want to drop the news?
• 0:40
  SPEAKER_00: Yeah.
• 0:40
  SPEAKER_00: Why don't you drop it?
• 0:42
  SPEAKER_01: Okay.
• 0:42
  SPEAKER_01: We are syndicated across all kinds of podcast platforms, including Apple Podcasts and Spotify.
• 0:50
  SPEAKER_00: These are the big ones.
• 0:55
  SPEAKER_01: Um and many more, actually.
• 0:58
  SPEAKER_01: But I think Apple Podcasts and Spotify are two of the most probably listened to platforms.
• 1:04
  SPEAKER_01: And all of our kind of dance are on there already.
• 1:08
  SPEAKER_01: And then any new ones that we record um will be there as well.
• 1:11
  SPEAKER_00: Go on there and follow.
• 1:12
  SPEAKER_00: We want to we want to build an audience, right?
• 1:16
  SPEAKER_00: The only problem is you're not going to be able to see us on that, right?
• 1:18
  SPEAKER_00: It's just audio.
• 1:19
  SPEAKER_00: Isn't that good?
• 1:20
  SPEAKER_01: Yeah, we'll have the vlog.
• 1:21
  SPEAKER_01: It's like the the um the podcast video that will be here on our YouTube channel.
• 1:29
  SPEAKER_01: So subscribe to all of them.
• 1:30
  SPEAKER_01: You know, you can listen to the podcast in your car, and then um if you have time in front of your laptop, you can watch it on our YouTube channel anytime too.
• 1:39
  SPEAKER_00: Yeah, that's great.
• 1:39
  SPEAKER_00: Hey, I wasn't wanting to start with that really, because I always say I want to start with the bad and we go to the good.
• 1:46
  SPEAKER_00: I wanna the good will always take care of itself and transparency, communication, right?
• 1:51
  SPEAKER_00: So the main reason we wanted to jump on here today is we've received two NASDAQ notices.
• 1:56
  SPEAKER_00: I know a lot of our shareholders have reached out to me over time, and we just want to, you know, the promise of the Dan show and investing here is you know, always hearing everything first from us, right?
• 2:07
  SPEAKER_00: So even though the Dan show is going to be syndicated and all that, really want to hit with the uh the NASDAQ notices.
• 2:13
  SPEAKER_00: We received two notices.
• 2:15
  SPEAKER_00: Uh one is our market cap has fallen below fifty million dollars.
• 2:21
  SPEAKER_00: We're around in the 30 million range right now.
• 2:24
  SPEAKER_00: And our uh um our float, our public float has fallen below fifteen million dollars.
• 2:31
  SPEAKER_00: And those are two uh situations that the NASDAQ wants us to cure.
• 2:36
  SPEAKER_00: Um so what that means is we need to get our market cap above fifty million, and we need to get our float above fifteen million.
• 2:43
  SPEAKER_00: You know, obviously our share price is below a dollar.
• 2:46
  SPEAKER_00: Uh we are not in violation on that one, and I hope we won't be uh to get a notice on that from the NASDAQ.
• 2:53
  SPEAKER_00: I want to pre-address this because I've had questions about this too.
• 2:58
  SPEAKER_00: Um you need to be trading for a do uh uh under a dollar for 30 consecutive days.
• 3:04
  SPEAKER_00: We haven't done that.
• 3:05
  SPEAKER_00: We're probably a couple weeks into that, hoping that we can turn things around.
• 3:09
  SPEAKER_00: We're working on it every day.
• 3:11
  SPEAKER_00: Uh but you know, the market is uh has a mind of its own.
• 3:14
  SPEAKER_00: No matter what we want, it doesn't always mean that's gonna happen.
• 3:17
  SPEAKER_00: Uh we do have six months to cure on these.
• 3:20
  SPEAKER_00: We do have some strategies that we're employing.
• 3:22
  SPEAKER_00: Uh, you know, and obviously the best one is uh organic growth, great um, you know, earnings, revenues, big gits, partnerships, all those kind of things.
• 3:31
  SPEAKER_00: And you know, we're working on those every day too.
• 3:33
  SPEAKER_00: So Kyle, you're gonna jump in.
• 3:35
  SPEAKER_00: What were you gonna say?
• 3:36
  SPEAKER_01: Yeah, no, it looked like your signal dropped for a second.
• 3:38
  SPEAKER_01: So I wanted to make sure everybody cut it was just a few seconds, but it was right in the middle of you talking about um probably because my emotions are down and the signal went with them.
• 3:49
  SPEAKER_00: So sorry about that.
• 3:50
  SPEAKER_00: I hope you heard that.
• 3:51
  SPEAKER_00: Uh you know, our philosophy here is one and done.
• 3:53
  SPEAKER_00: We don't retake when Kylie screws up, we we let it go.
• 3:57
  SPEAKER_00: So I think we heard it.
• 3:59
  SPEAKER_00: Um go ahead, Kylie.
• 4:00
  SPEAKER_00: What else?
• 4:01
  SPEAKER_01: Um Yeah, I think maybe one of the common questions we get when things like this is there's just an array of speculation and then also questions about what does this mean for me as a shareholder?
• 4:14
  SPEAKER_01: And also what is Arrive doing in order to protect my investment.
• 4:20
  SPEAKER_01: Um so if you can kind of expound upon that.
• 4:25
  SPEAKER_00: Hey, what what I want to say is we are in no peril of being delisted right now.
• 4:30
  SPEAKER_00: You have six months to cure this.
• 4:32
  SPEAKER_00: We've got a lot of behind-the-scenes activities happening uh, you know, to make to to cure this.
• 4:38
  SPEAKER_00: And you know, I can't go into any detail on that, but um, if you believe like I do, and I know you guys do, uh, you know, we are uh we've got so much more upside than downside.
• 4:48
  SPEAKER_00: I always say what goes down must go up, right?
• 4:51
  SPEAKER_00: Anti-gravity.
• 4:52
  SPEAKER_00: So uh I'm not depressed, I'm not down, I'm just fighting harder than I ever have.
• 4:57
  SPEAKER_00: We're gonna make this happen.
• 4:58
  SPEAKER_00: Uh if you guys invested, uh, you know, don't sell at the low right now.
• 5:03
  SPEAKER_00: You know, I believe this is a$20 a share stock.
• 5:06
  SPEAKER_00: That's my personal thoughts.
• 5:08
  SPEAKER_00: I know people are out there are uh saying I'm a used car salesman and I've, you know, don't believe me, I'm a fraudster, whatever.
• 5:14
  SPEAKER_00: You guys make your own judgment on that.
• 5:16
  SPEAKER_00: Uh I've never asked one person to put one dime into this company, and I'm not gonna do that today.
• 5:21
  SPEAKER_00: Uh what I'm saying is if you've been here, uh you know how we treat people and you know the reality of who we are and what we're doing.
• 5:28
  SPEAKER_00: If you believe in that like you did when you invested, please stay.
• 5:31
  SPEAKER_00: If you don't, the promise of investing this in this company has always been liquidity.
• 5:36
  SPEAKER_00: That's one of the main reasons we went to the public market.
• 5:39
  SPEAKER_00: If you wanted to exit, you had a liquid way to do it.
• 5:41
  SPEAKER_00: Uh I'm proud of the fact that we are above uh everyone's everybody on day one when we went public had a profit in this stock and continued to do so for a while.
• 5:52
  SPEAKER_00: Unfortunately, we're not in that uh moment right now.
• 5:55
  SPEAKER_00: Uh I believe we will get back there.
• 5:57
  SPEAKER_00: But uh, you know, it's each person's in this individual decision what you do.
• 6:02
  SPEAKER_00: And um, Kylie, you were gonna say something.
• 6:05
  SPEAKER_01: Yeah, I think that while there are some of the loud negative voices, those are few.
• 6:10
  SPEAKER_01: And I have to say, like the overwhelming support that we've had does outshine some of that negativity.
• 6:19
  SPEAKER_01: And it's really th thrilling and refreshing when I see somebody come to bat for us and really hit the nail on the head when it comes to this vision that we're building and executing and that this is a long game.
• 6:31
  SPEAKER_01: This wasn't some sort of like rocket ship that we thought was gonna launch and then just go crazy on day one.
• 6:40
  SPEAKER_01: You know, this is a long game of a long sort of innovation and and process that we we expect to gain momentum and value as we progress.
• 6:50
  SPEAKER_00: We want public as a pre-revenue company, rarely, rarely done.
• 6:53
  SPEAKER_00: A lot most people don't even know that can happen.
• 6:55
  SPEAKER_00: And it's exceptional.
• 6:56
  SPEAKER_00: It's kind of reserved for moonshot pharmaceutical drugs that are in trials.
• 7:01
  SPEAKER_00: And that's kind of what I would uh align us with.
• 7:04
  SPEAKER_00: You know, we have a brand new technology.
• 7:06
  SPEAKER_00: It's a moonshot, it's gonna change the world, and we are in trials.
• 7:10
  SPEAKER_00: And uh, if you believe in the upside of that, that's why you invested, you know, don't leave now.
• 7:16
  SPEAKER_00: Uh we're gonna do something big here.
• 7:18
  SPEAKER_00: I'm hell-bent on building this thing to being one of the great American companies.
• 7:23
  SPEAKER_00: And if you look at the body of work that we've done so far to get to this point, it's it's really never been done this way.
• 7:29
  SPEAKER_00: If you believe in the conviction, dedication, and motivation that got us here, I'm asking you to continue to believe.
• 7:35
  SPEAKER_00: If you don't, everybody has my number.
• 7:37
  SPEAKER_00: If you have something to say about me, say it to me.
• 7:40
  SPEAKER_00: Uh I own it.
• 7:42
  SPEAKER_00: It's not perfect, but we are doing some major things here every day.
• 7:46
  SPEAKER_00: If you came and experienced it here at our home office, you would see for yourself what a great company we have, what we're doing, the exciting um things that are coming out every single day behind the scenes.
• 7:58
  SPEAKER_00: So um that's where we are.
• 8:00
  SPEAKER_00: I want to confront this head on.
• 8:02
  SPEAKER_00: Uh I just I want to own this, okay?
• 8:04
  SPEAKER_00: Not everything is uh roses and candy.
• 8:07
  SPEAKER_00: Uh any CEO can sit up here and tell you all the vanity things and be a hero.
• 8:12
  SPEAKER_00: But when the rubber meets the red, when there's something that's negative and you want to own it, you don't want to hide from it, that's who we are.
• 8:18
  SPEAKER_00: If that's the company you want to invest in, you know, stay with us.
• 8:22
  SPEAKER_00: If you want to be mad and down, you know, that's your that's your right.
• 8:26
  SPEAKER_00: Uh nobody's down and uh more upset than I am, I can tell you that.
• 8:30
  SPEAKER_00: And uh we're gonna turn this around.
• 8:32
  SPEAKER_00: Um right, Kylie, you got anything else to add?
• 8:34
  SPEAKER_01: Yeah.
• 8:34
  SPEAKER_01: I think that a lot of the details and some of the things that we are able to announce will come to light during the earnings call.
• 8:40
  SPEAKER_01: You and I have been working really hard on the script and making sure that it's um representative of what we're building.
• 8:49
  SPEAKER_01: So I think if people want to just mark their calendars for the earnings call, that's a good idea.
• 8:55
  SPEAKER_00: Okay, let's let's let's turn that around now.
• 8:57
  SPEAKER_00: Okay, we're moving on.
• 8:58
  SPEAKER_00: Uh you know, I can't change the past, so I'm not gonna live in the past.
• 9:01
  SPEAKER_00: That's what I always say.
• 9:02
  SPEAKER_00: We're gonna move forward today's day one.
• 9:05
  SPEAKER_00: Big exciting thing is just stay with us, you're gonna see a lot of cool stuff.
• 9:08
  SPEAKER_00: Uh I want to say Nirov and I and Todd just got back from the Roth conference uh out in California.
• 9:15
  SPEAKER_00: It was amazing.
• 9:16
  SPEAKER_00: We had some high-quality meetings with um institutional investors that are taking a hard look at Arrive right now.
• 9:22
  SPEAKER_00: Uh and you know, we are a retail story, we're the We the People story.
• 9:26
  SPEAKER_00: Uh as we went public, 5,000 investors on our cap table.
• 9:29
  SPEAKER_00: We love every one of them.
• 9:31
  SPEAKER_00: Uh, but we're opening up uh the opportunity to everybody right now.
• 9:35
  SPEAKER_00: We're getting more uh exposure to institutions.
• 9:38
  SPEAKER_00: People are taking a hard look at us.
• 9:39
  SPEAKER_00: The market is starting to see that infrastructure uh is so much more important than the commodities of drones, robots, unmanned vehicles, and uh that's what we embrace.
• 9:49
  SPEAKER_00: So that's exciting.
• 9:51
  SPEAKER_00: And you know, I know that um we're being invited to a lot of conferences.
• 9:54
  SPEAKER_00: Coming up, we've got um the Jeffries Conference, Needham, Wainwright, Maxim.
• 10:02
  SPEAKER_00: Those are four more conferences.
• 10:03
  SPEAKER_00: That's huge exposure to all the right investors that take long-term positions.
• 10:09
  SPEAKER_00: Uh we're also talking to strategics that are iterating in the space, some of the biggest companies in the world, and um checking out you know what we're doing and you know, evaluating us.
• 10:20
  SPEAKER_00: Uh we continue to have our uh our deployment and uh um relationship that we're building with NVIDIA.
• 10:28
  SPEAKER_00: Uh we've got Blackwell Computing Power in our building, some of the highest computing power in the proximity of where we are.
• 10:35
  SPEAKER_00: Uh and we're using the Omniverse to accelerate um iterations that we're developing uh and getting all the AI learnings and rapidly deploying those.
• 10:44
  SPEAKER_00: So those are exciting things.
• 10:46
  SPEAKER_00: Um we've had we've had two trips to India in the last 30 days, um, evaluating different technology, uh attending the AI conference, the NVIDIA India Summit, which is big.
• 10:58
  SPEAKER_00: Um we're getting exposure and getting you know noticed by all the right people.
• 11:03
  SPEAKER_00: So you know we're laying all the groundwork, we're doing some big stuff here.
• 11:06
  SPEAKER_00: Uh Rome wasn't built in a day.
• 11:08
  SPEAKER_00: Uh I think it took a day and a half.
• 11:10
  SPEAKER_00: So hang in there with us if it's gonna happen.
• 11:14
  SPEAKER_00: Uh what other topics do we have here that we wanted to talk about?
• 11:16
  SPEAKER_00: Anything else you can think of, Kylie?
• 11:18
  SPEAKER_01: Oh, yeah, we secured uh another patent.
• 11:21
  SPEAKER_01: It's a big deal.
• 11:22
  SPEAKER_00: Just another patent.
• 11:24
  SPEAKER_00: Now hey, you know what happened last time?
• 11:25
  SPEAKER_00: Uh we had a big patent news?
• 11:27
  SPEAKER_00: That was June 10th of last year.
• 11:30
  SPEAKER_00: I remember it really well because we traded 41 million shares that day.
• 11:35
  SPEAKER_00: We traded from six bucks a share up to like almost sixteen.
• 11:39
  SPEAKER_00: That was a big day for us.
• 11:40
  SPEAKER_00: So it was, I remember.
• 11:42
  SPEAKER_00: This is a huge patent that we're we're just announcing uh right here.
• 11:46
  SPEAKER_00: You guys are gonna hear about it.
• 11:47
  SPEAKER_00: Um it is the multi uh the multi-box arrive point, which uh the multi-user.
• 11:53
  SPEAKER_00: The multi-user um it's something that we can put in front of uh you know large public areas, multi-family, uh it could be mini-to-one, one-to-one, one-to-many, all these different configurations.
• 12:04
  SPEAKER_00: But this is a big um addition to our patent portfolio.
• 12:08
  SPEAKER_00: Uh it's it might be the holy grail uh of patents in this space.
• 12:13
  SPEAKER_00: And and the reason we just got announced because it goes back, it was filed for quite a while ago, and it just issued.
• 12:19
  SPEAKER_00: Um what day did it issue, Kylie?
• 12:22
  SPEAKER_00: Go ahead and tell them.
• 12:23
  SPEAKER_01: March 31st.
• 12:24
  SPEAKER_00: March 31st.
• 12:25
  SPEAKER_00: So there you go.
• 12:25
  SPEAKER_00: We we had to wait till t till that issued.
• 12:28
  SPEAKER_00: Now we can share that.
• 12:30
  SPEAKER_00: That was a great yay.
• 12:31
  SPEAKER_01: It was a great yay.
• 12:33
  SPEAKER_01: I remember when we found out it was going to be issued and we all were yaying for sure.
• 12:37
  SPEAKER_01: It was great.
• 12:38
  SPEAKER_00: So that brings us to 10 fully issued utility patents here in the U.S.
• 12:43
  SPEAKER_00: Uh, around a hundred international patents that we have either filed for or already been awarded.
• 12:49
  SPEAKER_00: So our patent portfolio continues to grow.
• 12:52
  SPEAKER_00: Uh, you know, we've hired more people.
• 12:54
  SPEAKER_00: Uh, you know, this was a little inside baseball.
• 12:57
  SPEAKER_00: Went around to our C team in a meeting about a week and a half ago, and I said, Hey, um Mark, Mark Hamm, our COO.
• 13:04
  SPEAKER_00: Have I told this story already?
• 13:05
  SPEAKER_00: I may have to do that.
• 13:06
  SPEAKER_00: Yeah, I don't think so.
• 13:07
  SPEAKER_00: Okay.
• 13:07
  SPEAKER_00: Mark, if we ever had a bigger embedded, oh yeah, we did you did tell this.
• 13:11
  SPEAKER_01: Yeah.
• 13:11
  SPEAKER_00: Okay, see.
• 13:12
  SPEAKER_00: You can only remember the stories.
• 13:14
  SPEAKER_01: Oh, I didn't know where you were going.
• 13:15
  SPEAKER_01: You hadn't given me any.
• 13:16
  SPEAKER_00: I don't I don't remember.
• 13:18
  SPEAKER_00: But anyway, I'm not gonna tell it again.
• 13:20
  SPEAKER_00: The bottom line is every metric that we track internally is pegged to the top.
• 13:26
  SPEAKER_00: It's the highest it's ever been.
• 13:27
  SPEAKER_00: Uh and then the question I ask, is our share price the highest it's ever been?
• 13:31
  SPEAKER_00: And the answer is no.
• 13:33
  SPEAKER_00: So, you know, those two things are contra to each other.
• 13:36
  SPEAKER_00: We want the share price obviously to catch up to uh the reality of what we're doing here at the company every day.
• 13:42
  SPEAKER_00: Um, but you know, that has to the the market has to determine that on its own.
• 13:46
  SPEAKER_00: Uh unfortunately, we can't make that happen just by you know saying so.
• 13:50
  SPEAKER_00: So um I think that's that's it.
• 13:53
  SPEAKER_00: I think the main premise of jumping on here, you know, here at the Dan Show, it's not a regular cadence, right?
• 14:00
  SPEAKER_00: Even though somebody wanted it to be like every week or two, you know, just for the reason of doing it.
• 14:05
  SPEAKER_00: I said, hey, let's do it when we need it.
• 14:07
  SPEAKER_00: Then everybody knows when one comes out, there's something there substantial, right?
• 14:11
  SPEAKER_00: So that's that's our Dan show for today, right, Kylie.
• 14:14
  SPEAKER_01: That's it, Dan.
• 14:16
  SPEAKER_01: I think job well done.
• 14:18
  SPEAKER_01: It's it's happy, it's you're aggressive, it's um onward and upward, right?
• 14:24
  SPEAKER_01: That's what we're doing.
• 14:25
  SPEAKER_00: Hey, um failure is not an option, right, Kylie.
• 14:28
  SPEAKER_00: If it was it over when the Germans bombed Pearl Harbor, that's my joke from the movie Animal House.
• 14:34
  SPEAKER_00: I know that that didn't happen, but anyway, it's not over now.
• 14:37
  SPEAKER_00: So yeah, it's a new day.
• 14:39
  SPEAKER_00: Let's just let's not be emotional, let's not linger on negativity.
• 14:44
  SPEAKER_00: Let's be the solution, not the problem.
• 14:46
  SPEAKER_00: That's what I'm gonna say.
• 14:47
  SPEAKER_00: So we're gonna execute on this.
• 14:49
  SPEAKER_00: I'm not giving up, I'm not even upset.
• 14:51
  SPEAKER_00: I'm gonna just be more convicted than ever before.
• 14:54
  SPEAKER_00: And I hope that you guys are all still gonna stay with us.
• 14:56
  SPEAKER_00: So thanks, thanks for being there.
• 14:58
  SPEAKER_00: And thank you.
• 14:59
  SPEAKER_01: All right.
• 15:00
  SPEAKER_01: Yeah, thanks, Dan.
• 15:01
  SPEAKER_01: All right, thanks, everybody.
• 15:02
  SPEAKER_00: Have a great day.
• 15:03
  SPEAKER_00: Bye guys.