Jeff Bernstein: Got you. And then last question was, in the past there was an issue about and there’s been some discussion in the media about reading without having an app on your phone. And I think there was an issue about Apple iOS embedding reading and not embedding reading versus everyone else. Can you just talk about where we are now on Apple iOS reading?
Riley McCormack: Yeah. So nothing to talk about publicly here. One of the things if you think about are we’ve alluded there’s a lot of benefits by uniting the digital and physical worlds, right? And for Digimarc Validate, the detection in Digimarc Validate if we were on device would be a wonderful way to get watermark detection on devices for physical goods as well. But nothing to update on that front, Jeff.
Jeff Bernstein: Thanks very much.
Riley McCormack: Of course, thanks.
Operator: [Operator Instructions] The next question comes from Matt Collard with PCB Advisory. Please go ahead.
Matt Collard: Hey, Riley. Hey, Charles. Congrats on the quarter. I just wanted to ask if there’s an update you can give us on anything on the safe digital watermark registry that was hinted at I don’t know, maybe early fourth quarter?
Riley McCormack: Yeah. Nothing to update specifically on that. One of the wonderful parts of entering this conversation is the number of people who realize we would be a great addition to their tech stack, and maybe there’s a partnership opportunity there. So we are still progressing what we’re doing. There’s also a couple of people who have incredible registries focused on different end markets, different footprints, different levels of security in terms of government-grade versus non-government grade, and we’ll figure out the best path to market, right? Do we partner? Do we build our own? Do we do both? So nothing to announce yet, Matt.
Matt Collard: Okay, fair enough. And I guess my follow up to that, if I may, congrats on your leadership in C2PA with Adobe on the working group that’s obviously well-earned and impressive, and I understand you’re early in your work, but could you give us, or me a little bit of, I guess, if you can, what the landscape might look like post those standards being developed? Is there going to be — who’s going to be ultimately responsible for the management and oversight of those standards? Is that something C2PA would evolve into or another regulatory gatekeeper or industry-driven?
Riley McCormack: Yeah, I think the efforts now are to get the standard up, and then it would probably be something that they would maintain compliance with that standard. Joel, I don’t know if you have any thoughts on that you want to add.
Joel Meyer: No, I think that’s right. It’s early the C2PA will set the standard specification, but it’s a little early as to how much detail they’ll put into that standard in terms of specifying a technology or guide posts for implementation of the digital watermark. The key is that the digital watermark is going to be used to link the content to the authentication and providence information. So that’s the first part of the standard that will be set, and the implementation of the watermarking technology will be figured out later.
Matt Collard: Would you envision an oversight body in that, Joel, I guess as a follow-up?
Joel Meyer: Yes. I think C2PA will continue to be that standard-setting organization that will oversee that.
Matt Collard: Fair enough. Thanks. I’ll jump back into the queue. Appreciate the response.
Riley McCormack: Thanks, Matt.
Operator: We’ve come to the end of our Q&A session. I would like to turn the call over to Riley McCormack for closing remarks.
Riley McCormack: Thank you, Stacey. And thank you, everybody, for your time this afternoon. I hope you have a great rest of your day. Thanks.
Operator: This concludes today’s teleconference. You may disconnect your lines at this time and thank you for your participation.
