Jeff Dossett: Yes, thanks for your question, Mike. In the second quarter, we and our European visionary retailer were completing the second phase of their overall deployment while beginning the third phase into additional brands. So in second quarter, we had that layering effect of shipping into the end of the first phase and the beginning ramp of the third phase, whereas in third quarter, we’ll be shipping into the ramping third phase resulting in a step down from 2Q to 3Q. But again, this customer is quite satisfied with the deployment to date and increasing its investment across its overall brand and store footprint.
Chris Diorio: And this is Chris. I’ll add that the – the size of the third quarter – deployment into the third phase is larger than we did in second. So the pacing is increasing for that third phase, but we’re losing the benefit of continuing to fulfill the second phase, which is essentially completed.
Mike Walkley: Okay, thanks. That’s helpful. And maybe just a little bit into in the endpoint side, I think you talked about some of the new opportunities would lead to a – Q4 seasonally up from Q3, absent kind of these inventory adjustments, is that still the case on the new opportunities? So we think about Q4 up a little bit from that and then up a little bit because it’s maybe one to two weeks clearing versus two to three weeks clearing of inventory. So it’s a good framework to think about Q4 endpoints.
Chris Diorio: So, Mike, we’re not guiding Q4 at this time. We’re really saying a lot. It’s too early for us to predict Q4 given the dynamics that we’re going through – still covering – coming after the COVID, insufficient supply, recovery, inventory destocking and our partners burning down inventory. When you put it all together, we’re going to be watching and see where – what the enterprise opportunities are in fourth quarter and growth there. The overall macro retail and our partner’s ability to basically right size their inventory and put all those pieces together. We’ll have a better view of fourth quarter as we get further along, but as of right now we’re not guiding anything associated with fourth quarter.
Mike Walkley: Understood. Okay. Thank you.
Chris Diorio: Okay, thank you.
Operator: The next question comes from Mark Lipacis with Jefferies. Please go ahead.
Mark Lipacis: Hi. Thanks for taking my questions, a question on the ramp of the two new larger programs. Can you give us a sense like how do those ramp – like how long before you get to what you would consider to be fully ramped at those customers and before you kind of grow more organically with your customer growth? And I’m wondering does this like – does this happen like in one quarter, two quarters, and does it take a year or so to ramp? And then could you give a sense of how big they could ultimately because – could either of these be like 10% customers or just does it not impact your top line ultimately to that degree? Any color you could give on that, grateful for us. Thanks.
Chris Diorio: Got it. Thank you. Thanks for joining the call. I appreciate it. So for these large customers, the ramps take typically years. I mean, they really do. When we’re talking the size of some of these enterprises, for them to fully roll out, even just the phases of their deployments that they’ve got planned, takes a long time. And that’s a positive thing. Don’t think about it negatively. You’ve got giant customers, who are rolling out across their enterprise. They’re transforming. They’re digitally transforming their enterprise, and that takes time. We see systems opportunities persist over multiple quarters. We see endpoint IC volumes ramping. Both of the ones we talked about have IC volumes already ramping.
