Michael Shlisky: Yes. Good morning and thanks for taking my question. I think, Jiajia, you mentioned a couple of different items about the investigation and some of the changeover in technology spending that you’ve taken over the last year and a half year. Can you summarize I mean I guess kind of want to figure out over the last I guess 18 months how much of what has been spent was strictly for one-time items that won’t be recurring. And it sound like you had some invoices that were still not paid at the end of March. How much is still left to spend again in in total on a one-time basis?
Jiajia Wu: Thank you, Mike. This is a great question. As I stated earlier, our legal expense as we outlined in our 2022 10-K and also the Q1 2023 10-Q and we spent a total of 37.6 million for the period related to the, you know, the special committee investigation and also SEC regulatory investigation. And as a special committee investigation has concluded and we accrued the expenses in Q1 2023. So there’s certain invoices will — is paid or paid in subsequent months. But a couple other things I also want to point out, right. We did go through the restatement process, so we did incur the accounting and auditing fee related to those as well. And you know as I mentioned in my prepared remarks, 2.7 and 1 paid in 2022 and 1 million was paid in the first quarter of 2023.
So strategic consulting firm was engaged to help us to refocus. And we encourage significant amount, you know, in those areas as well. So as I outlined earlier, so we spent 4.7 million in 2022. So those are we expect our consulting and our legal and also accounting activities to temper down a little bit in the coming 2023. And as we progress and we will share our additional results with you guys.
Parker Meeks: Yeah, the one thing I would add to that, Mike, is if you look at our cash burn trend, right. So Q1 cash burn trending at about 15 million a month. And we’ve also posted the end of May cash number. And that, you know, from end of March into May, the trend reduced to about 12 million a month. So you see some of that part of that is some of that starting to come off and we’ll see, you know, with the special committee investigation concluding and what happens with the other areas that are driving elevated levels of cost and things like legal and accounting, we’ll see how much that changes going forward.
Michael Shlisky: Okay. Wanted to change over to some other questions about ramping up more specifically on the supply chain. Yes, where do you stand on? Have you secured enough things like cylinders or precious metals that might be needed to get you through these first few quarters of production here? And are they single sourced or do you have multiple options to help you get through that very first phase there?
Parker Meeks: Yeah, great thoughts there, Mike. So as I mentioned during the prepared remarks, our target this year is 10 to 20 vehicles deployed for the rest — for 2023. We look at supply chain, our fuel cell supply we’re comfortable with. We do source those fuel cells from [indiscernible] today while we’re ramping up our plant. Base vehicle supply, as I mentioned in our model in the US to take that as one example, supply of those trucks when we’re focused on large fleets, largely comes from the customer through their dealer, right? So that’s a — we’re very comfortable and confident in the supply chain there. And the majority of those trucks are already either delivery and shipping or earmarked for shipment. On the componentry, we do have significant inventory on hand in the US.
