So, I think it really has no impact in 2023. It builds in 2024. And as we’ve said, it is an annual renewable revenue stream and so it cumulatively builds thereafter. But the numbers can be quite large. And if you look at what Arcot [ph] is paying for somebody to sign up for a program on standby generator of $70,000 per megawatt, the numbers can be quite large as the program grows. In terms of the RAD, we still have our trials out, again, a new product in an industry that takes time and has long lead-times for sales. So, I think that, again, is — has a very nice impact in 2024 and beyond.
Scott Searle: Great. Thank you.
Operator: Our next question comes from Edward Gilmore, private investor. Please go ahead.
Unidentified Analyst: Thank you. Hi Jan, good morning and thanks for taking the call and it’s nice to see the good results this morning. I had a question on artificial intelligence. I was just kind of wondering your kind of general perspective on that, everything going on in AI and the monitoring the metrics can do and the data that’s able to be collected. But wondered if you see any opportunities on the horizon there that might be beneficial for the product suite?
Jan Loeb: I write the second, we don’t see it. We are certainly have our eyes on it. We are pulling data actual data from 25,000 pieces of equipment. So we are a data risk company. And obviously, the more analytics people want and need the more we can supply, and we’re certainly seeing that on our C&I business, the people who had in the past had what we call dumb [ph] monitors, green light, red light, works, it doesn’t work, I’m more focused on acquiring data. So, we think over time, AI so could have an impact and a positive impact. But right now, for us, it’s too early in the game.
Unidentified Analyst: Okay, great. Thank you. And then just another question on the backlog, if I may. It’s great to see that high backlog there actually 60% or so committed for the rest of the year. And I just wondered how much of the existing inventory is able to go to fill the backlog demand there? Thank you.
Jan Loeb: I mean in inventories, you have inventory of different products. I can’t tell you that every — we have inventory of antennas that might go for the full year, but we have PC boards that were continuing to order. So, I can tell you that we continuously order and we have a significant amount of inventory coming in and we have a significant amount of inventory going out.
Tracy Clifford: If I might add to that response, I think actually what he’s speaking is on backlog, there really is no need for inventory to fulfill that. So, those aren’t a backlog of orders. That is the deferred revenue for units that have already been installed and it’s just a function of gap. So, none of the existing inventory is required to satisfy that deferred revenue because it’s not an actual backlog of orders to be filled. Does that answer your question?
Unidentified Analyst: Yes. Thank you, Tracy. Appreciate it. Thank you very much. Thank you, Jan. That’s all the questions I had.
Jan Loeb: Thank you.
Operator: [Operator Instructions]
Bill Jones: Operator, this is Bill Jones, Investor Relations. We have a question that was e-mailed from private investor if I may.
Operator: Please go ahead.
Bill Jones: Okay. The question is from Tom, private investor. And the gist is — of the question is, he’s asking — it says in the recent proxy materials, you noticed that you’re requesting authority to reverse stock split to do a reverse stock split. You’ve had that authority and to date, have chosen not to do so. Could you explain why you would or would not given that the reverse split could allow more people potentially to buy the stock if it’s not a penny stock?
