And we’re highly optimistic that if we don’t win, we will be able to take a good portion of that work, if it’s not already accounted for by another team member.
Howard Brous: And I will get back into queue. Mark, best of luck. Thank you.
Mark Duff: Okay, thank you, Howard.
Operator: Thank you. Your next question is coming from Aaron Warwick from Breakout Investors. Your line is live.
Aaron Warwick: Hey, guys. Thanks for taking the call. And appreciate all of Howard’s questions and your answers to those and give us more clarity. I wanted to talk about Hanford a little bit as well, but also wanted to look more near-term and get some clarity. It sounds like the business has really turned the corner here after the pandemic. And just trying to get a sense of do you expect to be profitable in this fiscal year?
Mark Duff: Yes. Q1 looks a lot better than Q4 did, Aaron. I appreciate your question. And Q2 has a lot of things happening that are very exciting, that are projected to be much better than Q1. And so we certainly expect to be profitable in Q2. Q1 is still a couple of things we’re waiting to see come in. But Q2 is very exciting. We have the EWOC facility here in Oak Ridge that we’ve been carrying for a lease for about 3 years now. It’s finally starting to generate real revenue. We’ve got a big project we’re doing there and several others pending. That gets rolling €“ has gotten rolling here in the last 10 days. It will run at full capacity just about through Q2. And in addition to that, as I mentioned in the notes, we’ve won a number of projects that are all getting rolling in Q2 as well, and that includes the abandoned uranium mines as well as some commercial contracts, a project in San Diego, the Navy.
And two or three new projects with DOE at different sites, Los Alamos and Livermore, all get enrolling in April. So Q2 looks really good, and our backlog will be increasing. And some of the headwinds I described before, which includes the labor and supply chain issues, are all really behind us. We’ve replaced a lot of people that have been on board now for 3 or 4 months of their train. They are rolling, and we’re pretty confident that Q2 will be well into profitable range moving forward.
Aaron Warwick: Fantastic. That sounds good. So you mentioned the EPA, and I’ve noticed that they have been moving forward with a lot of different projects that have kind of been delayed because of COVID and other reasons. And the project that you mentioned, if I remember right, you said only probably $1 million this year. But if I remember right, that’s like an $80 million contract over 3 years. Is that accurate?
Mark Duff: Yes. Aaron, I believe that IDIQ is a $225 million IDIQ. So there is three teams, we’re with one of those teams providing waste management and radiological services, which is obviously what we do. And so it’s really difficult to say. The last time we talked to EPO, which I’ve not talked to myself, but our folks have, there is been about a dozen sites teed up by the characterization contractor, to bid out and. They just haven’t been through the procurement process. I don’t know the size of those, or the timing or the funding. But I know the ceiling is high. The intent by EPA is to get rolling on these things this year. And that’s one reason why we’re confident that with our technology and the soil-sorting stuff, that it will be a very efficient.
And we will be able to €“ once we get deployed in the field, we will be able to keep it going. So right now, we are only contractually signed up for that first half, but we’re pretty confident that this thing is going to grow, because the contamination and the mission of this thing is so large.
Aaron Warwick: Okay. And then on the international front, you didn’t mention anything about that, but it sounded promising the last several conference calls. What’s the status of that one?
