Jason Kolbert: Okay. Thank you. And you talked a little bit about reducing expenses in the quarter, but according to the filings, I see that selling and marketing was actually up cost of goods as a percent really didn’t change. R&D didn’t change. So, I just see it was focused on G&A. So, that correct?
Shachar Daniel: Yes.
Jason Kolbert: Okay. So, going forward, how are you looking at those other expenses?
Shachar Daniel: Talking on the all expenses of the company or just on the G&A?
Jason Kolbert: All of the expenses broken up by R&D, sales and marketing, G&A and also cost of goods, what direction do we expect that to run?
Shachar Daniel: Okay. So basically, our current expenses, we think we can optimize the revenues and we build an infrastructure, as I mentioned also in the call, we invested a lot in the last quarters to build the infrastructure from product and technology perspective, resources perspective, and we think that our costs should remain more or less the same, while we think that we can scale up with revenues based on more or less the same cost. So, this is the account trend that we have for the next quarters.
Jason Kolbert: And I know you’re hesitant to give a revenue guidance, but we have been anticipating that this kind of a year of building a base with, kind of, as you move out on the traditional hockey stick plan. So, is it going to take more time to realize those significant revenues? I mean, I had you out to 50 million in 2025? And so, I’m trying to understand what you’re thinking strategically in terms of when you’re going to be able to leverage those revenues across the infrastructure?
Shachar Daniel: What do you mean to leverage, Jason? I don’t understand.
Jason Kolbert: Well, cost of goods across, you know you said you had essentially a fixed cost of goods and then as revenues grow, you’re going to build. So, I’m trying to understand how your revenues are going to build over the next couple of years?
Shachar Daniel: Okay. So, if you look at the targets, our targets since last year, which basically were better than this target is to have a 50% year-over-year. If you will calculate, you will see that if we meet this plan, we will be in 2025 in around $50 million in revenues. So, I think that our current revenues are significantly growing. The company in 2018 was a $1.4 million in revenues. Now, in 2022 it is almost, you see the numbers and you can calculate regarding the whole year. And if it goes like this, I said €“ like this, I think that it’s totally significant growth, significant revenue, leveraging everything just trying to understand what specifically you want to understand.
Jason Kolbert: No, that’s fine. I just wanted to hear you say that you’re still on track for that growth rate. And talk a little bit about cash on the balance sheet and kind of what the €“ you said that it’s been a difficult capital financing market. Tell me a little bit about, you know how you’re planning to manage the current cash? And how long do you think it will last?
Shachar Daniel: Okay. So, we have €“ we’re at €“ the company now is in a very good position because we have kind of . One of them can take us further ahead with the current cash. And we have, as Shai mentioned, we have in the PR, you can see that we are on top of the current cash for September 30. We have additional $4 million committed from the bank and from the strategic investors. We’re paying installments in the next few quarters. So, basically, we have the current cash to support the growth and to support the current customers and technology of the company. As I mentioned to Brian, our consumer acquisition plan is very attractive for many investors to come and be partners. The rev-share model that we did with the last strategic investor.
