New products like Nexus, for example, have — are designed to be gross margin accretive. And so they’ve added value to our gross margin as has mix, as has product cost efficiencies. And so with so many of those factors, our drivers, if you will, that we’ve been executing on for so many years now for four full-years, we feel that our ARM gross margin is durable. We’re really pleased with the progress that we’ve been able to make there and it’s really part of our DNA, the way that we manage our business and really work to get the value for our products. And so gross margin continues to be a focus area for us.
David Williams: Okay. Thanks so much for the color, very helpful. And then maybe Jim one for you, just kind of thinking about your customers from the Avant platform, the interest that you’re seeing. Are you — do you get the sense that customers are looking maybe to improve their existing product lines? Or is this an area that you can gain additional sockets? And then also are you seeing I guess new customers coming to you that you didn’t previously service or couldn’t service with the Nexus line that maybe you can with Avant. Maybe pull in some Nexus revenue there as well. Just kind of curious about that customer base you’re seeing for Avant?
Jim Anderson: Yes. Thanks, David. We’re really excited about Avant and we were so happy to launch that in December. And if you’re at the Avant launch event, in December, you actually saw that we had quite a bit of customer participation in that event, actually many different kind of customer testimonials and comments. So you can clearly see there’s a lot of excitement in our customer base around that. And I think that really goes to the level of differentiation to the platform is bringing 2.5 times better power efficiency up to 6 times better physical device size. And these are really meaningful benefits for our customers. That helps them design much more efficient systems and when you combine that with the software content that we’re adding on top of Avant that’s really beneficial to our customers.
And when we look at the target customer base for Avant, the great thing is that there’s 90% overlap between the target customers for Avant versus existing Lattice customers. That means that 90% of that target customer base is already a customer of Lattice today. And that also means that they’re using Lattice software and so all that software content that we’ve developed for Nexus and pre-Nexus devices is leverageable by our customers to Avant, as well. So customer momentum engagement very strong. Actually if you compare Avant customer design win progress or design win funnel versus Nexus, the platform that we launched a number of years ago and if you kind of compare at the same point in time, Avant is far exceeding what Nexus was driving in terms of design win progress at the same relative point in time.
So again, really excited about it. I can certainly tell you our sales team is very excited about it, but yes, looking forward to many years of Avant growth ahead of us in the future.
Operator: And our next question comes from the line of Matt Ramsay with Cowen. Please proceed with your question.
