Hi, everyone. Good morning. I'm Eric Stang, President, CEO, and Chairman of the Board of Directors of Ooma. Welcome to the 2026 Annual Meeting of Stockholders. I will now call the meeting to order. Before proceeding further, let me introduce the directors and director nominees of the company, who in addition to myself, are with us today. They are Susan Butenhoff, Russ Mann, Andrew Galligan, Judi Hand, Pete Goettner, Bill Pearce, and Jenny Yeh. Also in attendance today from Ooma's executive staff are Shig Hamamatsu, our CFO, and Namrata Sabharwal, our Chief Accounting Officer. Also present are representatives from our outside counsel firm, Orrick, Herrington & Sutcliffe, and from KPMG, our independent public accounting firm. Anita Gillespie, representing Broadridge Financial Solutions, is acting as our Inspector of Elections of this meeting and has executed an oath of the Inspector of Elections.
The rules and procedures are posted on the virtual annual meeting website. Please review them. In order to conduct an orderly meeting and give all eligible stockholders and proxy holders an opportunity to participate, we ask that you adhere to these rules at all times. An opportunity will be provided to present questions during the question and answer session of the annual meeting. Please note that you may submit questions at any time during this virtual annual meeting in the space provided on the virtual annual meeting screen. Please follow the instructions provided on the virtual annual meeting screen to submit those questions. We intend to make every effort to answer all questions. If multiple questions are submitted on the same topic, we will summarize and respond collectively.
I will now turn the meeting over to Jenny Yeh, Senior Vice President and Chief Legal Officer, who is acting as Secretary for the meeting.
Thank you, Eric. The board fixed April 6th, 2026, as the record date for determining stockholders entitled to notice of and to vote at this meeting. An affidavit has been given to the Inspector of Elections attesting to the fact that the notice of meeting, the proxy statement, and the company's fiscal year 2026 annual report to stockholders were mailed to all stockholders of record on or about April 15th, 2026. As of the close of business on April 6th, Ooma had outstanding and entitled to vote 27,509,808 shares of common stock, each of which is entitled to one vote. Based on tabulation of proxies already received from stockholders, and to the best of our knowledge, there are present at this meeting a quorum for the transaction of business.
The final report of the Inspector of Elections will include the votes, if any, of stockholders present in voting at the meeting. It is 9:33 A.M., and the polls are now open for voting. Any stockholders desiring to vote should do so at this time through the Internet using the virtual annual meeting website. If you have not yet voted, or if you have previously voted and you now wish to revoke your proxy and change your vote, you may do so by clicking on the Vote Here button on the right-hand side of the screen. Any proxy may be revoked at any time before polls closed by the electronic submission of a later-dated vote at the meeting, as I just described. We have three proposals from the company that stockholders are being asked to approve. First, to elect Susan Butenhoff and Russ Mann as Class II directors.
Second, to ratify the appointment of KPMG as our independent registered public accountants for the fiscal year ending January 31st, 2027. Third, to hold a non-binding advisory vote on the compensation of our named executive officers as described in the proxy statement. Detailed information concerning these proposals is in the proxy statement sent or made available to Ooma stockholders. We will now have a brief question and answer period on these proposals. If you have a question, please submit your question in the space provided on the virtual meeting screen and following the instructions provided on the virtual meeting screen. The time allotted for Q&A has expired. Is there anyone else who wishes to vote at the virtual meeting and who has not yet submitted their vote?
All votes should be submitted through the Internet using the virtual meeting website at this time, because votes cannot be accepted after the polls are closed, which will happen momentarily. All votes being submitted. It is 9:34 A.M. The polls are now closed. Based on information we have received from our Inspector of Elections, I will now announce the preliminary voting results for the meeting, which remain subject to the Inspector of Elections final report. First, each of the nominees has been elected. Second, KPMG has been ratified as Ooma's independent registered public accounting firm for the fiscal year ending January 31st, 2027. Third, the non-binding resolution on executive compensation has been approved. Final results of the vote will be recorded as stated in the minutes of this meeting and also filed with the Securities and Exchange Commission on a Form 8-K within four business days.
This concludes the formal business of the meeting. The 2026 annual meeting is now adjourned. I would like to thank you for attending today's virtual meeting. Mr. Stang will now provide some additional comments. After the conclusion of his remarks, we will entertain questions. Prior to his remarks, I would like to note that during the course of the following discussion, representatives of the company may make forward-looking statements regarding future events or the future financial performance of the company. Such statements are only predictions, and actual events or results could differ materially from those predictions due to a number of risks and uncertainties. I refer you to the documents the company files from time to time with the SEC, including the company's last filed annual report on Form 10-K, which was filed on April 3rd, 2026.
These documents contain and identify important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. I will now turn over the meeting to Eric.
Thanks, Jenny. Ooma today is focused on growing in each of the four business lines we target, namely cloud communications for smaller-sized businesses, copper line replacement for both business and residential customers, wholesale platform services, and residential telephony. It is our strategy to be a leader in each of these business lines. Our strategy also includes making cost-effective acquisitions to drive additional growth. I'm pleased to say that on nearly every metric, Ooma is a stronger company today than ever before. Looking forward, we are encouraged by our past execution, the positive market tailwinds we see, particularly for AirDial, our expanding number of strategic partners, and the addition of our two acquisitions last fall. We currently have many exciting initiatives across our business. At this time, we are most focused on, one, capturing what we see as accelerating market demand for AirDial.
Two, driving added growth through Ooma AI for our business customers and [miPhone] for our residential customers. Three, deriving further contributions from our acquisitions of FluentStream and Phone.com. Four, working to pursue new acquisitions in the future. Everyone at Ooma is committed to capitalizing on opportunities in front of us and driving results. I would like to thank Ooma's employees, stockholders, and other stakeholders for your support and commitment to Ooma. I will now entertain questions concerning matters that any of the stockholders of record may have. Please note we will attempt to answer as many questions as time allows, but only questions that are germane to the meeting will, of course, be addressed. I'll give it one more moment. Okay, well, thank you.
Having not received any questions, I want to thank all of you for attending today's meeting and for the interest you have shown in the affairs of our company. We very much appreciate your attendance and always thank you for your support. This ends our meeting. Thank you.
This concludes the meeting.