Eric Swergold: Thank you.
Operator: Thank you. Next question will be from Jeff Robertson at Water Tower Research. Please go ahead.
Jeff Robertson: Thanks. Just to follow-up. Bond, with the material weakness, eliminated from the 10-K and the expectation of positive adjusted EBITDA throughout 2024, does that better financial position and better liquidities, does that further your Flotek’s commercial discussions with customers and potential partners as you look at the business opportunities in front of you?
Bond Clement: Absolutely. Without a doubt, I mean, now you’re talking to folks and you’ve got the going concern language in your public filings. I think that creates some anxiety. So, having the material, the going concern, I would say is more important. We’re certainly glad to put both of them behind us. But having the going concern behind us and having our auditors agree that the financial outlook for the company is much more stable than this time last year will definitely be a benefit as we negotiate, rebates and various items with suppliers and customers.
Jeff Robertson: Thank you. Thanks for taking my follow-up.
Bond Clement: Thank you.
Operator: Thank you. [Operator Instructions] And your next question will be from Richard Rudgley at Glenbrook. Please go ahead.
Richard Rudgley: Hi, guys. Just a quick question really, given how strong your EBITDA is and your strategy is playing out and you’re obviously projecting optimism as I hear it, obviously at the same time though, the stock really isn’t being appreciated in the market. I mean it’s down, I don’t know sure, maybe before today about a 20% plus. And so, you’re below book, I just wondered if you’d consider or have been considering at least a modest stock buyback? Thank you.
Bond Clement: Thanks for the question, Richard, no, not at this time. I mean, when you look at what we’ve been doing with the company at least for the last 12 months, you could argue for the last 24 months is really to stabilize the business and get it on a path to profitability as we say. We feel like we’ve turned the corner certainly in that regard, but as it relates to buying back stock or other items to return cash to shareholder at this point in time, probably not at that cycle of maturity in terms of the company. Certainly, something that we hope to get to in the near term, but as we sit here today we don’t have any plans to buy back shares.
Richard Rudgley: Okay, understood. Thank you.
Operator: Thank you. And at this time, Mr. Ezell, it appears we have no further questions. Please proceed, sir.
Ryan Ezell: Okay. I would like to remind you that Flotek will be participating in the 36th Annual ROTH Conference at the Ritz-Carlton in Dana Point, California next week. I’ll be participating in an Oilfield Service Panel discussion on Monday, March 18 at 1:00 PM Pacific Time, where we are joined by Bond in hosting one-on-one meetings with investors during the conference. We look forward to seeing you at the conference next week. Thanks again for joining us today.
Operator: Thank you, sir. Ladies and gentlemen, this does indeed conclude your conference call for today. Once again, thank you for attending. And at this time, we do ask that you please disconnect your lines. Have a good day.
