And I would sit there and say, if we really start seeing really nice growth in that business, and there’s a recovery. You know, I kind of said in my €“ to Bob’s question, we will end up flattish when we start seeing some strong growth in the microphone did to the back half, we’ll do better than flattish for the full year.
Anthony Stoss: Got it. Thanks, guys. Appreciate it. Best of luck.
A €“ Jeffrey Niew: Thanks.
Operator: Thank you. Our next question comes from Suji Desilva with Roth Capital. You may proceed.
Suji Desilva: Hi, Jeff. Hi, John. Maybe hitting a sub-segment, you haven’t talked about much yet. The EV auto market, can you talk about what the potential for that to ramp up is in terms of program visibility. I know it’s longer visibility, and whether that can grow to be a material part of the revenues two or three years out?
A €“ Jeffrey Niew: Yeah, I think we’re kind of mentioned that, you know, so I think last year, we had some reasonable growth last year. And I think we set the expectation was going tot be around $15 million in sales at the EV business. It actually was slightly over that. So we exceeded that. I think we could have probably shipped more into that segment, if it wasn’t for the chip shortages that a lot of our customers were experiencing. Right now, I would sit there and say for this year for 2023, we would expect another 30% to 40% growth in terms of revenue, so that it will be over — probably over $20 million in revenue. But I think the other part about this, Suji, I just kind of would make a comment is, the bookings are becoming very strong.
And so, I mean, I don’t want to get into how the bookings exactly translate into when the revenue come. But I’m hearing from the team that we could have, like, in excess of, obviously, with more bookings in the back half, more than $30 million in bookings in this business. And that kind of starts to give you an indication of where that business could probably go in 2024. So, all that said, design wins are strong. It depends on who are the winners three, four years from now. But I think we had said, we hope this business can be like $50 million, $60 million in three to four years. I think that’s achievable. If we win with the winners, we’ll see who those are in terms of how much content we have, it could be even more than that. So it started to become material later this year in 2024.
Suji Desilva: Okay. And then other questions for John, perhaps, he talked about a lot of the elements looking ahead to in revenue and gross margin and free cash flow, intermediate term. But in terms of the costs, and you already did the restructuring, and had that question before in terms of more restructuring, is the revenue — is the — I’m sorry, is the costs OpEx in 1Q, way to think about a run rate going forward from here, John, is there more flow through with the restructuring benefit? And is that the right baseline to start with as we move forward?
