Shahriyar Rahmati: Sure. So we think you’re going to — you’ll see that be in the neighborhood of where it was for Q2 and Q3. But what will be happening there is one business with product revenues currently, which is the one we’ve discussed in the past, justice, that business declining over the course of the quarter in product revenues. And then [indiscernible], the wholly-owned subsidiary that we’re working with the JV partner on, depending on the timing of signing that deal with that business is growing into seasonally strong late Q3 and Q4, depending on when we sign that and have the joint venture structure reinstated where we would recognize revenues on a more normal basis, I’ll say, or without the product component you may see increases partially offsetting or wholly offsetting the other business.
And so the — regardless of that, what you’ll see is that as the former business ramps down and as the wholly-owned sub is converted into a JV, the occurrence of those 2 events will eliminate the product revenues that we have historically recorded.
Jonathan Huberman: Yes. So that should happen, I would expect by the end of the year. I can’t tell you it’s going to be in Q3 or Q4, but by the end of the year, we’re hopeful that…
Shahriyar Rahmati: As far as trajectory relatively not too dissimilar in Q3 versus Q2, plus or minus, but then in Q4, as Jon said, that should trend to 0.
Jonathan Huberman: By the end.
Jack Vander Aarde: Okay. Great. That’s real. That’s helpful guys. That’s it for me. Congrats. Good to see you continuing to move the chains.
Operator: [Operator Instructions] Our next question comes from Brian Kinstlinger with Alliance Global Partners.
Brian Kinstlinger: I joined a little bit late, so sorry if I’m covering some of the material you may have discussed. How many brands did you add during the June quarter? And do you still see the opportunity to add 6 to 8 per quarter? And then moreover, how have you started the third quarter in new brand additions?
Jonathan Huberman: Yes. So what we — the number we gave, and I think you missed the beginning. So we’ve signed over a dozen year-to-date and we didn’t break it down by quarter. But we expect that we’ll continue to add more throughout the rest of this quarter and next quarter. I think one thing that I had mentioned that’s worth mentioning, is our average order value has gone up in terms of — the average booking value, I should say, per customer and the average margin percentage per customer as well, not just because the order value is up, but because we’re really focused on selling our core e-commerce as a service, the CaaS business, as we call it, which is obviously the highest margin business we have. And to that end, frankly, I’ve eliminated any compensation for our sales folks for selling anything other than that. So that’s a good way to [indiscernible] there.
Brian Kinstlinger: And per there — and then in July and partially into August, I mean reported — the earnings have been uneven from companies right now. Have you been able to continue to hit on that several additions in the first half of this third quarter? Do you see any changes in the marketplace?
Jonathan Huberman: I would say we’re accelerating, let’s put it that way.
Brian Kinstlinger: The second half of the year should be more than 12?
Jonathan Huberman: Well, I know well, the 12 includes up to today. So I wouldn’t say that. But I don’t want to project what number it’s going to be. I’m just saying it is accelerating. We really — as I think we talked about last quarter, we really just start getting these new wins until March, when we changed the sales team, got some more technology under our belt and really focused on moving beyond just the core fashion apparel. And since then, we’ve been on a very good track.
