Thank you for joining Cutera's second quarter 2022 earnings conference call. After the prepared remarks, there will be a question-and-answer session. To join the question queue, you may press star then one on your telephone keypad. Should you need assistance during the conference call, you may signal an operator by pressing star and zero. The discussion today includes forward-looking statements. These forward-looking statements reflect management's current forecasts or expectations of certain aspects of the company's future business, including, but not limited to, any financial guidance provided for modeling purposes. Forward-looking statements are based on current information that is, by its nature, dynamic and subject to change. Forward-looking statements include, among others, statements regarding financial guidance, regulatory approvals, productivity improvements, and plans to introduce new products and expand into additional geographies. For words that may identify forward-looking statements, we encourage you to refer to the safe harbor statement in our press release earlier today. All forward-looking statements are subject to risks and uncertainties included in those risk factors described in the section entitled Risk Factors in our Form 10-K as filed with the Securities and Exchange Commission and updated on our Form 10-Q subsequently filed. Cutera also cautions you not to place undue reliance on forward-looking statements which speak only as of the date they are made. Cutera undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances, or to reflect the occurrence of unanticipated events. Future results may differ materially from management's current expectations. In addition, we will discuss non-GAAP financial measures, including results on an adjusted basis. We believe these financial measures can facilitate a more complete analysis and greater transparency into Cutera's ongoing results of operations, particularly when comparing underlying results from period to period. Please refer to the reconciliation from GAAP to non-GAAP measures in our earnings release. These non-GAAP financial measures should be considered along with, but not as alternatives to, the operating performance measures prescribed by GAAP. With that, I would like to turn the call over to our CEO, Dave Mowry. Thank you, Ariel. I'd like to welcome each of you to Cutera's second quarter 2022 earnings call, and I'm glad that you're able to join us for this important update. With me on today's call is Rohan Seth, our Chief Financial Officer. Before I dive into a recap of the quarter, I'd like to mention that during the period we successfully raised $240 million in convertible debt financing, allowing us to retire 50% of our prior convertible debt and add to our existing cash position. This activity places Cutera in an exceptionally strong cash position and provides us with the flexibility to bring other innovative first-mover products to market. Turning now to the second quarter 2022. During the remainder of the call, I will provide an overview of our second quarter performance along with some operational highlights, including an update on our experience to date with the AviClear during the initial quarter of our limited commercial release. Rohan will then provide a detailed review of our financial results and our updated fiscal 2022 financial guidance. After which he will turn the call back over to me, and I will spend a few minutes discussing our plans for the remainder of the year, along with some specific details on our plans to expand customer access to our AviClear device in the second half of 2022. After these remarks, I will hand the call over to the conference operator so that we may take your questions. As I have done in previous updates, I will begin by sharing our high-level observations of the energy-based aesthetics market and how we expect current geopolitical and macroeconomic factors to impact customers and patient patterns. During the prevailing uncertainty around the macroeconomic environment and elective procedures, I am pleased to say that Cutera continues to thrive, as you will hear reflected throughout our business results. Underlying market fundamentals remain robust, and our customers continue to maintain approximately two months of forward-looking demand in their schedules. Patient traffic remains intact, with no signs of weakening beyond expected third quarter seasonality. As mentioned in previous updates, aesthetic practitioners continue to see demographic shift in their patient base with younger career-oriented individuals with access to greater disposable income seeking routine procedures. This expanded patient group prioritizes aesthetic procedures within their spending plans each month, providing greater resilience in the overall demand and a more stable patient traffic forecast. We anticipate that the capital selling environment will remain robust with this continued level of patient treatment volumes. This is further enforced by some early capital equipment demand we serviced in third quarter 2022 as some deals flowed into this period from second quarter 2022. Moving on now to an update on the global macroeconomic environment and its impact on Cutera. Cutera, unlike many other companies, has limited exposure to the lockdowns and movement restrictions in China associated with COVID. However, we do have a material exposure in Japan, as seen in our skincare results within the period. With significant exchange rate movement over the last seven months, the Japanese yen has fallen to multi-decade lows against the U.S. dollar. As a reminder, our skincare line, a distributor line we provide only in the Japanese market, is purchased in U.S. dollars but sold in Japanese yen. This arrangement has resulted in a painful currency squeeze that we feel on both our top and bottom line performances. Global foreign exchange rates had a significant impact, and we expect that this will continue into the second half of the year. With these market conditions and economic pressures as a backdrop, let me share Cutera's commercial highlights during the second quarter of 2022. In the period, we delivered a total revenue of $64.2 million, representing approximately 10% growth over prior year's period as reported, and a 15% growth on a constant currency basis. Discounting the impact of foreign exchange rates in the period, top line revenue would have eclipsed a previous all-time high revenue of $65.6 million in our seasonal peak in the fourth quarter of 2021. This top line performance was driven by the continued momentum in our capital and consumable businesses, offsetting the aforementioned economic challenges we saw in Japan. During the second quarter of 2022, we posted $43.7 million in capital equipment revenue, a record result for the company in this segment. Our capital equipment revenue performance was led by our truBody family of products. In addition to strong capital equipment sales, we nearly matched record revenues for consumable products as well within this period. Looking forward, we intend to further expand our body contouring offering, as well as increase our marketing and promotional efforts around the truBody product family during the back half of 2022. Specific to our capital revenue performance, our North American sales team continued to demonstrate momentum in the period, posting $25.2 million of revenue, representing a 27% growth over prior year period. These results come from the investments in sales force expansion during the second half of 2021, in combination with the continued focus from sales leadership on improved productivity through sales process execution. International capital equipment sales were $18.4 million, representing a 17% growth as reported, and a 26% growth on a constant currency basis compared to previous year's quarter. International capital performance was strong in aggregate, as well as across the key regions. As expected, our European capital sales rebounded sharply from the decline reported in first quarter 2022, posting second quarter revenue of $5.3 million, or 36% constant currency growth over the prior year period. Following these second quarter results, the European capital equipment revenue now represents an 11% growth year to date on a constant currency basis. We benefited from favorable trends in our distribution markets as well, posting 26% growth during the quarter. Australia and New Zealand also provided healthy year-over-year growth with $5.2 million in capital equipment revenue, representing 17% growth and 26% constant currency growth over the prior year period. Similar to our 2021 capital purchasing trends, we believe that the third quarter capital revenue will be impacted by the timing of our CUCF event conducted during the second quarter. These professional education events typically pull forward a handful of deals that would have normally flowed into Q3 2022. As such, we anticipate a slight step back in capital sequentially. Our recurring revenue category defined as the combination of skin care service and consumable products with $20.6 million in the period, a decrease of 11% over prior year period as reported, and a decrease of 2% on constant currency basis. Skin care, the largest contributor to our recurring revenue, delivered only $9.6 million in revenue during the period, representing an 18% decline from prior year's quarter on a reported basis, and a decline of 6% on a constant currency basis. In comparison to the previous period rate, foreign exchange rate was responsible for two-thirds of the decline, while the remaining third reflects the impact of the regional economic headwinds on buying patterns. Without near-term relief from these issues, we believe that our skin care revenue for the back half of 2022 will reflect a similar run rate to our second quarter results. Service revenues of $5.6 million in the quarter represented a decline of 17% as reported, and a decline of 13% in constant currency. As discussed previously, we expect to recover our service part inventory and book higher volumes of time and material work orders in the second half and expect to return to approximately $6 million per quarter. Consumable revenues of $5.3 million in the quarter represent approximately 20% growth over prior year's quarter as reported, and 23% on a constant currency basis, driven by the growing demand for treatments from the truBody family of products. We anticipate strong patient traffic in the second half, bolstered by the continued expansion of the install base. Shifting now to our AviClear limited commercial release. As discussed during our previous earnings call, we crafted a very thoughtful initial entry into the market for AviClear. As a reminder, the introduction of AviClear represents the launch of a new and disruptive technology, a vastly different business model, and a device bringing multiple customer disciplines, bridging multiple customer disciplines to include medical dermatologists. Due to the disruptive nature of this product and its positioning, we intentionally focused on a very targeted introduction to test our assumptions using a few dozen sites. This limited release was aimed at gaining a fully informed perspective on how to best expand into a full national launch by the end of 2022. As expected, we generated a very small amount of revenue from the patient treatments during the quarter, but gained significant insights into the product performance, product acceptance, and practice onboarding processes. We are pleased with the progress we've made with the field placements and energized by the clinical outcomes our physician partners have shared with us. Many physicians who adopted AviClear into their practice have already begun to see results with their patients, and in some cases, early clearance results seem to exceed those results that we witnessed in our own trials. These data serve to boost physician confidence and increase their comfort in selling the procedure to their patients suffering from acne. During the second quarter of 2022, our AviClear physician partners treated over 100 individual patients. We were especially delighted with the patient survey data we received after the AviClear treatments from 53 different respondents captured via the Cutera smartphone app. As of today, patient respondents have rated the AviClear treatment with an average reported score of 4.9 out of 5, with no patients rating below 4. The survey prompts patients to provide ratings in areas such as general procedure satisfaction, pain levels, procedure tolerability, their value proposition, as well as the overall ease and convenience of this procedure. To date, we now have over 500 treatments under our belt, and we continue to learn from each and every treatment provided. One of our critical learnings was that normal practice patterns, coupled with patient queues of roughly two months, directly impacts the speed of account conversion. However, once AviClear is adopted and incorporated into these practices, patient conversions and device utilization ramps up very quickly as physicians build confidence in the procedure and recognize their own patient satisfaction. With that, I'd like to turn the call over to Rohan to provide you some additional color on our financial performance. Thank you, Dave. As I review my prepared remarks, I want to note that I will be discussing some non-GAAP results. A complete reconciliation of GAAP to non-GAAP is included in our earnings release. We encourage listeners and readers to review our non-GAAP metrics in conjunction with the GAAP results as contained in this earnings release. Total revenue for the second quarter was $64.2 million, compared to $58.6 million for the same period in 2021, representing an increase of approximately 10% and 15% in constant currency. During the quarter, we continued to face meaningful foreign currency headwinds, particularly in Japan, with the Japanese yen accounting for approximately 70% of the impact. Based on current exchange rates, we expect that we will continue to face ongoing headwinds from foreign currency throughout the remainder of 2022. Second quarter North American capital equipment revenue of $25.2 million increased 27% over the prior year. International capital equipment revenue for the second quarter was $18.4 million, up 17% as reported and 26% in constant currency from the second quarter of 2021. Recurring revenue, defined to include our consumables, global service, and skincare product lines, was $20.6 million in the second quarter, down 11% as reported and down 2% in constant currency. The decrease over the prior year was driven by skincare revenue of $9.6 million, down 18% as reported and down 6% in constant currency, as well as a decline in services revenue of $5.6 million, down 17% as reported and down 13% in constant currency. Services revenue continued to be impacted by parts availability. These declines were partially offset by growth in our consumable products, up 20% as reported and 23% in constant currency. Non-GAAP gross profit for the second quarter of fiscal 2022 was $35.7 million, with a gross margin of 55.6%, representing a decrease of approximately 250 basis points compared to the same period last year. Excluding acne program impacts of approximately 180 basis points and an additional 180 basis points in foreign exchange headwinds, the non-GAAP gross margin in the second quarter would have been 59.2%, an approximately 110 basis point increase as compared to the same quarter last year. While we did experience supply chain and macroeconomic inflationary pressures, as well as FX headwinds at the gross margin level during the quarter, we were able to offset them with ongoing cost improvement initiatives as well as leverage in our fixed cost base. Total non-GAAP operating expenses for the second quarter of 2022 were $37.3 million, compared to $27.2 million for the same period last year. Included within this number are $6.4 million in expenses related to our acne device. Non-GAAP sales and marketing expense for the second quarter of 2022 was $24.6 million, compared to $16.7 million for the same period last year, driven by continued expansion in our sales force, higher commissions, increased travel, as well as $4.4 million in expenses associated with the launch of AviClear. Non-GAAP R&D expense for the second quarter of 2022 was $5.7 million, compared to $4.5 million for the same period last year, driven by increased investments in AviClear and additional clinical studies. Finally, non-GAAP G&A expense for the second quarter of 2022 was $7 million, compared to $6.1 million in the same period last year, driven by inflation and expansion in our headcount. For the second quarter of 2022, our non-GAAP operating income, which we refer to as adjusted EBITDA, was a loss of $1.6 million compared to a profit of $6.8 million in the prior year period. As anticipated, our investment in AviClear was the most significant driver of EBITDA decline on a year-over-year basis. Excluding acne program impacts of $7.5 million for the second quarter of 2022 and foreign exchange headwinds over the prior year of $2.4 million, adjusted EBITDA would have been $8.3 million. As I mentioned earlier, embedded within our non-GAAP OpEx is $6.4 million spent on our acne program, 70% of which is in sales and marketing, and the majority of the remainder is in R&D. Finally, there were no material or significant changes to our tax position. Turning now to our balance sheet. As Dave mentioned earlier, during the quarter, we raised $240 million from a convertible debt offering announced in May that will net $154.6 million of incremental cash after accounting for the extinguishment of 50% of our 2026 notes at $45.8 million, capped calls of $31.7 million, which were done to limit dilution, and $8 million in issuance costs. With this addition, we ended the quarter with $278.2 million of cash and marketable securities compared to $131.8 million at the end of the first quarter. The sequential increase of approximately $146.4 million was primarily driven by the cash raised in our convertible debt offering. We continue to expect cash burn to be approximately $20 million for the remainder of the year. We do not expect cash consumption to be linear as we build and place initial inventories to launch AviClear. With a strong balance sheet in place, we are well positioned to continue supporting the growth of our business while ensuring a successful launch of AviClear. Before I turn the call back over to Dave, I would like to provide you with an update on our outlook for the full year of 2022. Starting with revenue, we are reiterating 2022 guidance of $255 million-$260 million, entirely absorbing the impact of the unprecedented foreign exchange headwinds of $15 million annually, implying constant currency growth of 17%-19%. This guidance does not include revenue from our AviClear device as we continue with its limited commercial release. Moving on to adjusted EBITDA, FX pressures have continued to worsen, and we now expect a further impact from FX of around $3 million on the full year adjusted EBITDA, bringing the full year impact to approximately $11 million. As a business, we are continuing to respond to these pressures, and we expect to offset most of these headwinds. Therefore, we are reaffirming our full year adjusted EBITDA guidance to be in the range of $5 million-$10 million. I would like to now spend a few minutes discussing the acne business model and the related accounting in greater detail. As Dave mentioned in his remarks, we are launching this innovative product under an equally innovative business model to maximize its reach with patients and clinicians alike. Instead of selling the capital, we will instead be licensing the device over a period of three plus years. The licensing fees we collect will be ratably recognized as revenue over the term of the lease, and treatment revenue will be recognized as earned. As the units will remain on Cutera's balance sheet on the PP&E line, we will depreciate these units over their useful life. Finally, the treatment and licensing fees will be considered recurring revenue. During the second quarter, our acne-related revenue was recognized within the consumables category and was approximately $0.1 million. As the business grows, we intend to create a separate line for acne. With that, I will now pass the call back over to Dave. Thank you, Rohan. Cutera continues to prepare for the full launch of the AviClear device in North America by the end of 2022. We believe that this product and its novel business model will drive unprecedented growth at Cutera, accelerating the transformation of our business. AviClear's recent Health Canada approval, in combination with the previously secured FDA 510(k) clearance, eliminates any additional regulatory risk and secures our ability to launch across the entire North American footprint. As we continue our rollout, we expect to significantly accelerate placements each quarter with over 100 placements planned for the third quarter 2022. We expect to further increase upon those placements in the fourth quarter and scale our device footprint throughout 2023. Additionally, we intend to work closely with our customers to accelerate their patient conversion processes. We are delighted to be in such a strong position at the midpoint of 2022, fortified by the strength of our core business performance, backed by a strong balance sheet, and energized by the building momentum of the AviClear opportunity. With that, I'd like to turn the call back over to the conference operator to open the call to your questions. Ariel? Thank you. We will now begin the question-and-answer session. To join the question queue, you may press star, then one on your telephone keypad. You will hear a tone acknowledging your request. If you are using a speakerphone, please pick up your handset before pressing any keys. To withdraw your question, please press star, then two. We will pause for a moment as callers join the queue. Our first question comes from Jon Block from Stifel. Please go ahead. Great, guys. Thanks, and good afternoon. Dave, maybe I'll just start on the base business. You know, you mentioned a pipeline of two months. I think that's largely unchanged from your talk track in 1Q. You talked about a step down sequentially for 3Q capital, which is normal. Just to push you're not seeing any weakening of the capital environment. Maybe just talk to us about the pipeline, what you're hearing from sales reps. Does it remain robust, the pipeline? Are you witnessing any more trepidation from the docs? I'm just trying to push you a little bit there because obviously there's been a lot of questions or incoming from investors just due to the overall environment. I'll ask a follow-up. No, look, I totally understand that. The backdrop, the economic backdrop certainly would kinda cause that question to come to the forefront. No, we check regularly and routinely with our physician customers on what's going on in their practice, how are things going, and what's the bookings for them. You know, the other thing we ask them about occasionally is cancellations. Because sometimes they'll see cancellations indicative of maybe some nervousness on the patient's behalf. We're not hearing anything that would be even remotely concerning to us at this point. I think that certainly makes us feel very good about patient traffic, about the underlying business and the volumes of patients seeking treatment. In fact, we believe it continues to grow. I think, you know, the only concern I would hold out there is what does the capital environment look like? What does leasing look like? What does financing look like for some of these physicians? But I just wanna remind folks that, you know, generally speaking, we're a little bit more of a higher end provider, and we provide more to the higher end customers, and generally they don't have credit concerns. But that being said, you know, we're always watching, we're always looking, and we are a little bit paranoid, Jon, and that's why we check so often. All good. I'm paranoid as well. Maybe the second question, I'll shift over to AviClear. Just talk to me about the next steps, maybe for more AviClear data. We've come across some sites that I believe are seemingly enrolling for post-market studies. Is that specific to, you know, acne? Is it for longer-term data, or is it on the acne scarring side of things? Maybe just to tack on, if you can take a step back, Dave, you know, what are you seeing from the practices that are running at the, call it the high end of the utilization scale versus those that are running at the lower end? What are they doing differently to separate one versus the other? Thanks, guys. Yeah. Sorry, I just was taking notes. I didn't forget your questions, John. Let's take them in order. Let's talk first around, you know, the ongoing studies. We are really quite bullish. The feedback that we continue to get, and I mentioned in the prepared remarks, suggests that our physicians are seeing even better results than we did during our trials. I think that comes from just getting it out there in the hands of experts, and having them think about it, beyond just the monotherapy that we did in our treatments. They're seeing great results. In fact, I was on a conference call earlier this week with four physicians, and one of them is in the process of treating his own daughter. All right? There's great confidence and great kind of bullishness, if you will, in both med derms, which this person was, as well as with the aesthetic practices. I think that has really made us quite bullish, frankly, in what's gonna happen and how it's gonna happen. I think the concern as you talk about the high and the low, some of this is timing based. I think it's certainly something we've learned through this process. You know, in many cases you've got people that are booked out two months. When somebody comes in and they present the AviClear and then send that patient home to think about it's two months before they come back or, you know, a month and a half before their scheduled visit to come back in. There's a big delay that we've seen in kind of that pickup, that ramp. We're working with different physicians and different practitioners to understand how we can maybe start to affect that gap and that lead time. In other cases, we've got, you know, some early adopters that really are fundamentally full believers, and they have ongoing patient traffic that they're able to harvest very quickly, which was, you know, some of our assumptions with some of these med-derms and larger practices where the patients are already sitting in the waiting room and it becomes a conversion effort, from isotretinoin to some other treatment to the AviClear. The ones that are having the greatest success are the ones converting at the highest rate and have probably the greatest belief in the product. There's always that bell curve of early adopters, you know, mid-level adopters and late adopters. I think we see that firsthand. Got it. Very helpful. Thanks, guys. I'll follow up offline. Our next question comes from Chris Cooley of Stephens. Please go ahead. Good afternoon, and thanks for taking the questions. If I could just follow up on Jon line of questioning there, kind of coming back to the current economic environment and what you're seeing there. Could you maybe give us some additional color just regards to the types of procedures that seem to be in demand? Are these body contouring? Are you seeing, you know, greater focus on maybe some facial type procedures? Just trying to further parse out, you know, what's driving that step up in demand. If that, those types of procedures are being done predominantly at a med derm type location that maybe is diversified, you know, throughout the COVID pandemic into a little bit more cosmetic application or a high-end cosmetic practice as opposed to maybe a more economical med spa. Just wanna get some clarity around that, and then I have a follow-up. Thanks. Okay. Well, thanks, Chris. Look, I think, you know, one of the points I tried to stress in the prepared remarks is this business is as strong as it's ever been, and the pipeline is exceptionally strong in our view. That goes across the entire portfolio, quite frankly. As I think about your question and wonder about the treatment volumes, certainly we track those on the consumable side of the business in particular, and we've seen great uptake and continued uptake in the body and the truBody portfolio or truSculpt portfolio, if you will. We also see strong presence in the Secret RF, as, you know, people continue to use Zoom and wanna look their best and feel their best when they go into work. Even if they zoom from one cubicle to the next, they're still looking and trying to look their best, as they invest in themselves. I would say that the truBody and the Secret microneedling have probably had great uptake. In addition to that, with Zoom, we've seen a lot of excel V and vascular laser work, and interest in, you know, across the board. Now, as we think about AviClear and the rollout of AviClear, I think the one thing I would point out to you is as you get into the med derms, the access to a device like excel V in combination with having AviClear allows you not only to treat acne, but to effectively treat rosacea, which is another large, obviously, indication in pathology. We believe that there's a little bit of a halo effect with AviClear to potentially bring more excel V into the market, specifically around the med derms. Thank you. I appreciate all that color. Maybe just quickly as well on AviClear. You know, I know there was a lot of buzz around this, when we were back at ASLMS, earlier in the year. I'm just curious, as you've been rolling this out, seeing the adoption, kind of fine-tuning the go-to-market plan, you know, kinda what you're seeing or in terms of the initial patient commentary on the out-of-pocket aspect of this. Similarly, you know, I think you said 100 plus locations in the third quarter are new clinics, I should say, in the third quarter with a further acceleration in the fourth. That would still, I think, imply a pretty big backlog of potential demand. Just trying to think about how you can start to address that as you come into the first half of next year from an inventory perspective. Thank you, and I'll get back in the queue. Yeah. Great series of questions. Let me start with your first comment around patients and their willingness to pay. You know, I really do believe that one of the learnings we have is that the med derms who are not used to asking patients to pay out of pocket are probably a little bit more concerned on that price point than the patients are, frankly. Our market research, you know, beforehand certainly indicated that patients would be willing to pay up to that amount or a little bit higher than that amount. I think we've seen that. We had some pushback early with some of the med derms saying that it was too much, and they didn't think they could get people across the finish line. Every chance that we had to intervene into those accounts with the physician, we've been able to get them and their staff more comfortable with the process and ultimately converting patients at the price point that we've talked about. We don't really believe that to be a stumbling point in the long term. We think it's something we can train people through and they can adopt too. It does change, it does create a little bit of that hesitation early in the process. We've learned through our limited commercial release thus far and intend to apply those learnings in the third and fourth quarter to help accelerate some of these practices on that adoption. That being said, we also, you know, have fundamentally gone into patient financing with the view that that will help accelerate this and we'll be a lot more aggressive in the rollout of that in the back half of 2022. We're trying to take away all of the obstacles and all the hindrances and resistance to adopt because frankly, the clinical results have been so overwhelming, we wanna make sure that everyone has access to this treatment. Kinda moving on to kind of the backlog and the pent-up demand, I think it's totally true. We know that there is pent-up demand. We have inbound leads that would suggest there's a lot more placements we could make. Taking it slow and understanding what we've understood to date and teasing out some more insights are gonna help us be a lot more effective in the rollout of this in the long term. We're not playing this for a quarter or two quarters. We're playing the long-term transformation of the company with this device. My view is learning a little bit more and taking the time to do it right is the correct approach here. We've already learned quite a bit. You'll see some of those learnings applied in the third and fourth quarter. I think we should be in a really strong position to apply all of those going forward with a full commercial release no later than the end of this year. Thanks for all the color, and congrats on the quarter. Thank you very much, Chris. Once again, if you have a question, please press star, then one. Our next question comes from Louise Chen of Cantor. Please go ahead. Hi, congratulations on the quarter, and thanks for taking my questions here. I wanted to ask you, do you have any metrics to look at repeat customers or is that still too early? What is the exact out-of-pocket cost for patients? Last question I have for you, because we get this question a lot, is how to think about the magnitude of sales for 2023. Thank you. Okay. Thanks, Louise. As always, I appreciate, I had my pencil in hand very quickly knowing that you're gonna give me a multipart question. Thank you. Louise, we do have a lot of metrics that we track. I can tell you that this launch far exceeds any other launch in Cutera's history in the amount of focus, energy, and data that we're collecting along the way. Each and every site is monitored. Our devices are kind of tracked individually. We know firsthand when treatments are happening and how they're happening, to the point where we can see not only a patient, but a patient being, whether it's their second or their third treatment, starting, you know, in the process, if you will. Keeping in mind, there's three treatments to each and every patient procedure. We can track that detail, and we know when it's the first treatment and when it's a repeat treatment. In terms of the cost, we don't set costs. That's something we can't do and something we won't do. However, we have been very clear with our customer base on, you know, our expectations for revenue associated with their conducting a procedure. You know, we've set that, you know, at kind of a $1,500 minimum at this point in our initial release. We'll continue to monitor and adjust that upwards if need be, as the value of this procedure continues to improve. At this point, you know, we have not seen a whole lot of anxiety from the patient side of that payment. With financing, we think that will reduce even further. In terms of the magnitude, I think, you know, we've been slow and steady this year, and we intend to be slow and steady this year. We have the capabilities and the capacities to ramp this very, very aggressively. We've made arrangements with external manufacturing to ramp and have access to greater device placements in 2023, and that in itself should not be a barrier for us. In terms of capacity in the sales organization, obviously, as this ramps, we can continue to hire and expand and get a greater footprint, and that obviously will pay for itself in the variable costs. You know, we do have the ability to ramp this pretty aggressively in out years. I think what's gonna be most important is that we get it right this year to all of those, you know, to be able to accelerate it in kind of in an optimal fashion in out years. that's what we're focused on. Thank you. This concludes the question and answer session. I would like to turn the conference back over to management for any closing remarks. Thank you very much, Ariel. I just wanna leave the conversation with this. This business has never been any stronger than it is right now on both the core capital and consumable side of the business. We believe that headwinds and FX is a transient issue that will move through quickly, and the results thus far in AviClear have given us great expectations for what the future holds for this company. With that, we couldn't be more excited to be where we are right now with what we have. We look forward to giving you an update in third quarter with those results. Until such time, be healthy and thanks for the following. This concludes today's conference call. You may disconnect your lines. Thank you for participating and have a pleasant day.
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