Dan Rosensweig: Yes. Terrific question. So let me start with the initial questions, there’s 3 parts to that question. The first one is what are students already asking us? Those are because the people that are already with us are STEM-B students, they’re asking deeper questions that AI allows us to answer and the next phase is going to be conversational nature, which will be really fun and helpful for the students because we’ll be able to ask them questions in addition to them asking us questions. So — the first one is they’re going deeper into the categories that perhaps what have been really cost inefficient for us to try to answer them because they’re deep into subjects. So that’s the first thing. The second one is, yes, we absolutely are building it to expand beyond STEM-B as students ask that.
The third part, though, is we have to be comfortable that we can answer with the same quality and accuracy that we can answer other questions. And that’s just going to take the course of this year to get ourselves more comfortable. We’re focusing now first on the 26 subjects we have and the 52 LLM that we’re building for each of those subjects and then will move to outside of where we currently are. But that is absolutely part of our road map. It’s just not part of the road map today.
Operator: There are no further questions in the queue. I’d like to hand it back to Dan Rosensweig for closing remarks.
Dan Rosensweig: Thank you, everybody. Just to repeat, it’s been a complex last several years with COVID, then post-COVID, then with AI, other variables, the company is in extremely strong shape despite that, which is we generate a lot of profit, we generate a lot of cash flow, and we are moving back to net cash positive on our balance sheet. We’ve been really efficient with our capital, and we expect to continue to do so. But the real opportunity is rebuilding the flywheel with the new product, new service, new automated answering and AI moving from potential headwinds to absolute tailwind on growth and costs. And so — it is a very exciting time. It’s not easy. These things are moving very fast and the speed in which we’re moving as faster than we’ve ever done.
And so I just — I very much look forward to the rest of this year in the future because we’ve got a lot of good momentum ahead of us. it’s just going to take time. And we have to rebuild the base of net new accounts. And like I said, you’ll see that every quarter if we execute well. And of course, I want to welcome David Longo to the role. We brought David in a couple of years ago with the hope and expectation that he would fill Andy’s role, nobody can replace Andy. And to Andy Brown, I’d say that I’ve never had a better partner, a better work friend. And Chegg would not be where it is today had you not joined, had you not made the decisions that you’ve made and back the people that we’ve had and hire the people we have. So your mark is indelible.
And thank you, my friend. And thanks, everybody, talk to you next quarter.
Operator: Ladies and gentlemen, this does conclude today’s teleconference. Thank you for your participation. You may disconnect your lines at this time, and have a wonderful day.
