We want to advise you that this discussion will include forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are statements that could be deemed forward looking statements. These forward looking statements are made on the basis of current beliefs, expectations and assumptions of the management of Gevo and are subject to significant risks and uncertainty. Investors are cautioned to not place undue reliance on any such forward looking statements.
All such forward looking statements speak only as of August 07, 2012 and we undertake no obligation to update or revise these statements whether as a result of new information, future events or otherwise. For a discussion of risks and uncertainties that could actual results to differ from those expressed in these forward looking statements, as well as risk relating to the business of Gevo in general, see the risks disclosures in the Annual Report on Form 10-K of Gevo to the year ended December 31, 2011 as amended and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Gevo.
The conference call will also include a discussion on non-GAAP financial measures as that term is defined in Reg G including EBITDA adjusted for non-cash compensation. The company believes this information is useful to investors because it provides a basis for measuring the operating performance of the company's business and the company's cash flow.
The company's management uses these non-GAAP financial measures along with the most directly comparable GAAP financial measures in evaluating our operating performance and cash flow. Non-GAAP financial measures should not be considered in isolation from or as a substitute for financial information presented in accordance with GAAP and non-GAAP financial measures presented by the company may not be comparable to similarly titled amounts reported by other companies.