The inaugural issue of Ulta-red explores "conjunctural analysis," or "naming the moment," as a method of collective inquiry. It features interviews with three North American educators who, in the 1990s, developed literature to guide radical groups in understanding the history of the present. Highlights include discussions with Canadian activist Chris Cavanaugh, Chicago-based organizer Mary Zerkel, and Gustavo Castro Soto, known for his anti-extractivist work in Central America. The journal also connects local struggles globally, featuring reports from London, Los Angeles, and U.S. prisons, alongside reflections on militant sound inquiry, poetry, and visual art. Edited by Dont Rhine, David Albright, and Christina Sanchez Juarez, it includes contributions from various artists and activists.