But we are in a very good position with them. As I stated, we will be getting the Godfrey boat back to our North Carolina facility and we will be changing out the batteries with a different style of battery, a smaller, more powerful battery that overall will be a lighter weight than what we put in at first, and we’ll be trying our 300-horsepower motor on that. So we will continue to prototype, iterate and improve those products over the next few months. And I can’t speak for exactly what Polaris is thinking, but I think we’re in a good position with them. We’ve got a great relationship. We’ve even spoken to them about doing a couple of other of their brands, and we’ll see where that goes. But I think we’re in a great position with that.
Unidentified Participant: Excellent. Congratulations. And can you give me a rough estimate about the two models that you mentioned just now about the average units they’ve sold over the last few years?
Jim Leffew: I think your question goes to the average sales for a 22-foot center and dual console. Was that what the question is?
Unidentified Participant: Yeah, because if you sold them a kit, your revenue would be — the average price of the kit, which I was told at one time was $50,000 times the number of units that they would need. So I’m just trying to get an understanding of how big is the unit opportunity to sell them these kits for those two models that you just mentioned.
Jim Leffew: I see. Okay. So this is with respect to Polaris as well. So yeah, you could — we have not done the math with them. We’ve done some sort of map and math. If they sell 15,000 units a year and we were over the course of time be able to get 5% or 10% of that selling the units, $50,000 would be a good approximation of a unit cost for our systems once we get to scale. So you could do the math from that. They’ve done extensive research into early adopters for EV electric boats. And again, that’s sort of a confidential study that they’ve done. So there is some speculation involved with how many internal combustion engine-type customers will switch over to electric. But we feel like it’s a compelling opportunity for us, and we’re in it for the long haul.
Unidentified Participant: Great. Well, good luck. And are you discussing this potential selling kits to other boat manufacturers as well?
Jim Leffew: Yes, we are.
Unidentified Participant: Well, good luck, and will look forward to updates.
Jim Leffew: Thank you very much.
Operator: There are no additional questions at this time. I would like to turn the call back over to Jim Leffew for closing remarks.
Jim Leffew: Yes. As you can see, we’re in a great position. We have a very hard working team. We’re excited about the future, and we’re going to keep working as hard as we can to get our products to the market as soon as we can. Obviously, we want to do it in the most responsible way. And we have lots of protocols we have to follow to make sure our products are introduced at the proper time. We appreciate everyone’s support, and thank you again for joining us on the call today. Have a great day.
Operator: This concludes today’s conference. You may disconnect your lines at this time. Thank you for your participation.
