Tom Priore: No. We see that business growing substantially over the next year. Recognize, that the decline that you’re seeing was from a segment of Managed Services that has now fully run off as of this quarter. So the — and that was largely an outsource services component of the business that look, we really wanted to dedicate more towards the growth opportunities in B2B, with our resources which is why we made that decision. Now the existing pipeline, we already have contracted, we know will create meaningful growth. So that coupled with the Plastiq addition, as well as just our current pipeline in process of contract negotiation and kind of final sales processes, we see that growing a couple of hundred percent over the coming year. On the bottom line…
Tim O’Leary: Jacob, I’ll just to put some picture, too. So, yes. So the CPX business, right? So if you think about B2B and separate Managed Services from the CPX business, right that CPX platform grew 11% sequentially from Q1 to Q2, right? So we are seeing growth in that product offering. We will continue to see some comparative headwinds in Q3, right? So the Managed Services business started winding down in late Q3 of last year and was effectively gone in Q4. So it will have a relatively clean quarter, absent Plastiq which obviously will help bridge that next quarter. But from a pure kind of existing B2B business, Q4 this year over last year will be clean with Managed Services really starting to show a lesser impact in Q3 and effectively gone in Q4.
Jacob Stephan: Okay. And then maybe just on the Plastiq acquisition, what kind of operating expense kind of step-up could we see from a full quarter of Plastiq? So, not really Q3, but a full quarter would be Q4. What kind of OpEx uptick would you kind of see from that being in the model?
Tom Priore: Yes. From an OpEx standpoint, I think that business is going to be — it’s going to be running at let’s call it $5 million a quarter, right of OpEx, which is the Plastiq business itself.
Tim O’Leary: Okay right.
Tom Priore: So, if you think about the overall guidance right now and kind of where we’ve revised, you can kind of think of the revenue change in guidance being largely attributable to Plastiq and the revenue we expect to generate in the last five months of the year. And then, we didn’t want to get into the specifics on the EBITDA. But we’re comfortable keeping the EBITDA guidance where it is despite a few million dollars of investment we’re going to have to make in that business to get to profitability. So, it’s going to run at higher OpEx for a short time period as we extract all the cost savings, but we expect to get that business to profitability pretty quickly.
Jacob Stephan: Okay. That’s helpful. And then just last one for me here. The Enterprise business, nice to see that significant margin expansion there. It seems like this is really just a pure function of scale being built and now it’s all about new enrollments. But what kind of revenue level do you expect you’ll kind of need to increase headcount there, or just build out more support in that business?
Tom Priore: Expense increase will be marginal and they will not be technology-based. They would maybe be relationship management based or sales. We’re seeing phenomenal performance out of that sector. I kind of quoted, the new program managers that have already integrated and consider that we launched this in really in February in earnest. I was ready to start bringing on partners on the program management side and 13 are already live and there’s nine in the process of going live and a healthy number thereafter that are in negotiation stage. So, we’ve — the rate of adoption is exceeding expectations at this stage.
Jacob Stephan: Okay.
Tom Priore: We don’t have to add additional people to run at the rate we are right now.
Jacob Stephan: Okay. Got it. Thanks for the color.
