Despite the lack of revenues, POET continues to make progress and already has signed six projects. Three for custom products (European customer and Celestial AI) and three for off the shelf products. The off the shelf, or standard products are: 100G and 200G CWDM4, LR4, FR4, and 400G receive optical engines, to which will be added 400G FR4 4 and DR4 transmit engines later this year. The standard products are to be sold through the joint venture as the three customers are Fibertop and two other unnamed Chinese customers. First revenues at the JV are starting in Q4 2022 and revenues to POET from its European customer are also expected to start in Q4 2022. This leading network systems company is offering a unique multi-engine design for 100G CWDM4 and 100G LR4 Optical Engines based on the POET Optical Interposer. This company announced its product at OFC and we believe it already has orders from its customers although it is not expected to begin to deliver product until the end of the year. The combined value of the NRE and the purchase order for initial units exceeds $1.2 million. We expect the remainder of the NRE from this customer to be recognized in Q2 upon the fulfillment of accounting requirements. In addition to the six signed projects the company has two more development agreements that are expected to turn into two customers. Both of these development projects are for Light Bar to be used in AI accelerator chips that would provide eight channels or more with multiplexed signal out of each channel