They’re out there saying, just dip your toe in the water, do some experimentation, start trying to build some skills, but it’s going to be a few years before you can do anything useful with quantum. And so we had to kind of overcome that rhetoric and really get through to businesses and now to governments that quantum is real today and that you can benefit from quantum today. And we’ve just made enormous progress with that. The evidence is really in the growth in bookings, it’s in the growth in deal sizes, it’s in what we’re starting to see in legislation. And so I just feel really good with the progress that we’ve made.
Kevin Garrigan: That makes a ton of sense. Okay, perfect. I appreciate the detail. Thank you.
Operator: And the next question comes from Quinn Bolton from Needham & Company. Please go ahead, Quinn.
Quinn Bolton: Hi, Alan and John, thanks for – excuse me, taking my questions. I guess, Alan or John, just sort of looking at that second half guidance implies about a doubling in revenue, maybe a little more than doubling of revenue from the first half to the second half from less than $4 million to about $8 million. Are you seeing a pretty good increase across both professional services and the Leap QCaaS side of the business? Or is that kind of half over half growth really still more driven just by timing of some of the professional services rev rec?
Alan Baratz: John, you want to do that?
John Markovich: Sure. It’s a combination Quinn, so we’ll have some carry over from deals that we commenced in the first half and the second half, but also based upon what our bookings momentum has been this is both on the professional services side as well as the QCaaS side with respect to the type of revenue.
Quinn Bolton: Great. Good to see the QCaaS revenue increase. And I assume as that QCaaS revenue grows, that’s really driven by some of these customers moving out of the professional services and into the production. And that’s where the QCaaS revenue really jumps up, right?
Alan Baratz: Yes.
John Markovich: Well, in – yes, but in addition to that, there is a – there’s typically a QCaaS component to our professional services engagements as well.
Quinn Bolton: Okay. Second question, Alan, you mentioned sort of the roadmap to Advantage2. You’ve got the 1,200-qubit. It sounds like the next step along the way is a 5,000-qubit processor. What do you expect the timing to be? Is that kind of a couple of quarters before you see the 5,000-qubit could potentially be longer because it sounds like you’ll put the 5,000-qubit Advantage2 system in Leap given the better performance versus today’s Advantage1.
Alan Baratz: Yes. And look, we may put the 1,200-qubit version in, we’ll see. I mean, we did a year ago put a 500-qubit version of Advantage2, but in the old fabrication stack that did not have the higher coherence, so it had more connectivity, it was only 500-qubit it didn’t have the higher coherence fabrication stack. We did make available for an early look at the architecture. We did not put the 300-qubit version that had higher coherence. We may put the 1,200-qubit, we will for sure, put the 5,000-qubit. As far as the timeframe is concerned, so the reason why we build these systems in increasing size is because it’s all about tuning the fabrication stack. As the processors become larger, obviously the layout becomes denser and the fabrication has to be tuned, so that we don’t see shorts or other sorts of problems in the fabrication.
And so it’s really all about the cycles of learning and the fabrication to get that process fully dialed in. And so, it takes some time as the processor becomes denser. I don’t want to kind of be too specific on timeframe, but it’s quarters, not years to kind get this dialed in.
