Good morning, everyone. My name is Bruno. I'll be your conference operator for today. At this time, I would like to welcome everyone to the Secureworks first quarter fiscal 2024 financial results conference call. All lines have been placed on mute to prevent any background noise. A supplemental slide presentation to accompany the prepared remarks can be found on the company's website. After the speaker remarks, there will be a question and answer session. If you'd like to ask a question during this time, simply press star followed by one on your telephone keypad. To withdraw your question, press star followed by two. Thank you. At this time, I would like to turn the call over to Kevin Toomey, Secureworks Vice President of Investor Relations. Mr. Toomey, you may begin your conference. Thanks, everyone, for joining us. With me this morning are Wendy Thomas, our CEO, and Christian Grant, our interim CFO. During this call, unless otherwise indicated, we will reference non-GAAP financial measures. You will find the reconciliations between these GAAP and non-GAAP measures in the press release and presentation posted on our website earlier today. Please also note that all growth percentages refer to year-over-year changes unless otherwise specified. Finally, I'd like to remind you that all statements made during this call that relate to future results and events are forward-looking statements based on current expectations. Actual results and events could differ materially from those projected due to a number of risks and uncertainties which are discussed in our press release, web deck, and SEC filings. We assume no obligation to update our forward-looking statements. Now I'll turn the call over to Secureworks CEO, Wendy Thomas. Thank you, Kevin, and welcome everyone. Taegis continues to lead the industry with 68% year-over-year revenue growth, expanding to $63 million in the first quarter. Taegis annual recurring revenue expanded to $269 million at the end of first quarter and now represents over 85% of our total ARR, up from less than half of total ARR this time last year. To put that into context, this quarter we were recognized by multiple leading industry analyst reports as one of the top three largest providers of managed detection and response in the market. That's important because customers have a choice in a noisy market and they're choosing Secureworks. In my conversations with potential customers in this climate of increased focus on fiscal responsibility, they are focused on the win-win that Taegis can deliver. A solution that helps them consolidate and reduce the number of security vendors that they have to manage, that scales their spend on both security, technology and talent, while simultaneously delivering an improved security risk posture and outcomes. We are well positioned to address this market need based on our unique approach to the design of our Taegis XDR platform. Customers are reaping the benefits of our XDR-enabled MDR. We solve the signal-to-noise problem that drives alert fatigue from multiple point products. We provide the comprehensive protection to stop adversaries who lurk between point products. Our open without compromise approach gives customers choice, future flexibility, and an easy deployment path to achieve comprehensive detection and response. In this vein, we are addressing an acute need to replace legacy SIEMs, which are difficult to deploy and configure. Their complexity makes them costly to maintain. For example, in 1st quarter, we won a global provider of smart building solutions that came to Secureworks originally for penetration testing services. We quickly discovered a ransomware attack despite their significant investments in a SIEM, an endpoint and vulnerability management technologies. Like so many organizations, they did not have the resources to constantly manage the SIEM and so left many of their office locations unmonitored. They quickly recognized the return on investment of managed detection and response with Taegis, reduced their vendor sprawl and spend while fully securing their entire environment. Customers choose Taegis for its measurable and superior return on investment that lets them streamline security vendors and spend, increase the value of uptime of their business operations and revenue streams, and the ability to optimize investments in internal security teams, all while achieving superior security outcomes and quantifiable risk reduction. We also expanded our platform capabilities and portfolio of offerings this quarter. We recently announced two new offerings to unify the way companies prevent, detect, and respond to threats across both OT and IT environments, eliminating the visibility challenges often associated with the separation of those systems and addressing the risks of greater attack surface exposure in legacy OT systems. Industrials in multiple sectors have been increasingly under attack by threat actors. With our significant presence and expertise in this vertical today, we see untapped potential to solve a pressing security need by unifying detection and response across OT and IT via the Taegis platform. Staying true to our overall approach to XDR, the pricing is simple and predictable. Endpoint-based upcharge with no data overage, storage, or other surprise fees. In support of customer choice and aligned with our pillar to be open without compromise, we recently added out-of-the-box support for our growing integration requests from our customers and partners. SentinelOne Singularity Complete. Taegis now ingests SentinelOne telemetry into an overall view of cloud, identity, network, and other application data in the Taegis XDR UI, enriches and correlates that data with threat context, and applies our unique detectors and response actions in the platform to drive superior security outcomes. With our unique approach in Taegis, customers can leverage a single EDR agent for holistic XDR and MDR coverage, further removing the friction and complexity of multi-vendor environments. With this addition, we now integrate seamlessly with nearly 70% of the endpoint market. Another example of how we optimize customers' existing and future cybersecurity investments, while also providing the breadth of security coverage they need. Taegis is increasingly the single pane of glass for our customers' entire security stack. We recently won a partner-sourced deal with a manufacturing company that had a small IT team, no SOC, and very limited visibility into their environment. A competitor in their space had recently been the victim of a cyber attack and data breach, creating urgency in their leadership team around ensuring they could prevent a similar breach. The customer had recently implemented SentinelOne with our partner, and our demo and proof of concept, demonstrating the ease of deployment and holistic visibility of XDR while leveraging their existing single agent, those are what sealed the deal. Another topic that is top of mind for customers and investors is how we leverage and govern AI in our Taegis platform and offerings. From the beginning, AI has been part of our Taegis platform vision and architecture, leveraged to drive more effective and faster detection and response outcomes for customers. Among many approaches, we leverage deep learning and machine learning in our thousands of detectors to find the true positives that other products miss. AI-enabled threat scores support the prioritization of the hundreds of billions of alerts and indicators we receive from our customers daily. While approaches in AI algorithms can change rapidly, the key to staying ahead is having vast amounts of labeled training data, and we believe that we have one of the most valuable security training data sets globally. For example, we've performed more than 10,000 investigations annually for more than a decade. Leveraging that data set, we recently implemented natural language processing, generative AI, and other techniques to automate approximately 45% of our Taegis security investigation reports. While more opportunity lies ahead, this has further improved our market-leading response time for customers and the efficiency of our security operations. While AI is not a panacea and is not applicable to all security use cases, we are well-positioned to capitalize on its momentum and opportunity. We have a deep bench of data scientists, software engineers, and threat researchers working on a true XDR platform, designed to take advantage of advancements in AI and data analytics to rapidly innovate, to improve outcomes for our customers while protecting their most valuable assets. As importantly, we have educated our team and put in place sustained governance around the responsible use of AI, and will continue to safely incorporate it into our business in service of customers, teammates, and investors. I'll now turn to our go-to-market. We are in the early innings of our go-to-market transformation, aligned to our Taegis-centric business model, but I'm pleased with our progress. We designed Taegis to be transparent and collaborative, providing flexibility and optionality around who manages detection and response activities. This enables MDR to be delivered by Secureworks, a partner, or a customer's own SOC team, all leveraging Taegis XDR. In addition to solution providers as a go-to-market path, this has enabled us to tap into the MSSP market opportunity, enabling partners to deliver high margin and effective MDR, leveraging Taegis. In Q1, one of our MSSP partners worked with us on an MDR deal with a data analytics software provider that was using multiple security providers to manage different aspects of their security operations. They had a small security team, which made it challenging for them to keep track of threats and costly to manage and get the security value across these disparate partners. Taegis brought the holistic, streamlined approach they needed, while also addressing their growing compliance needs with the scaled MDR services from our partner. Recall that last December, Secureworks launched our partner-first go-to-market approach in North America, elevating our collaboration with critical managed service and solution providers, as well as technology alliance partners. Our open without compromise strategy creates greater business opportunities for partners of all types. As an indicator of traction, in first quarter, more than 60% of global Taegis new logo business was closed with a partner, up from 40% this time a year ago, partners with active pipelines have increased 40%, leading to a doubling of our partner pipeline in first quarter, a trend we expect to ramp over the course of this year. We will continue to extend this partner-first strategy globally over the course of this year. We've brought in a seasoned Chief Revenue Officer to accelerate our go-to-market transformation. Allan Peters comes with a powerful combination of CRO leadership across SaaS, security product and services companies with a partner-led sales approach. He brings demonstrated success in driving incremental ARR growth by accelerating new customer acquisition, platform adoption, and channel growth, and in expanding gross margins through better solutions mix and discount control, all driving improvements in key sales efficiency measures. Before I transition into our path to profitable growth, I'll just add color on our perspective on the macro environment in terms of its impact on sales. We did see longer sales cycles in first quarter than a year ago, largely as a result of increased layers of deal review at customers. Those sales cycle times have been largely in line with more recent quarterly trends. Based on what we see currently, we expect this to continue in the near term. We are driving our business to profitable growth as we complete our business transformation. Taegis continues to perform, growing faster than the industry and scaling gross margins. As a business, we have and will continue to take decisive actions to align our cost structure with the SaaS nature and the revenue opportunity of our Taegis-centric business model. While Chris will provide more details, I'll highlight 3 primary areas of action that give us confidence in our ability to drive growing profitability into next year. First, we will continue to take advantage of automation and scale throughout the business. Second, our go-to-market transformation, in addition to benefiting the top line, will drive increased sales efficiency. Third, we are accelerating the reduction of the remaining duplicative and transition costs as we wind down our other MSS business. Of note, 2nd quarter of this FY will represent the inflection point for total revenue for Secureworks, with a return to sequential total revenue growth in the 2nd half of this year. Very shortly, Alpana Wegner will join us as our new CFO. Alpana brings to Secureworks extensive experience developing business strategies to drive outsized growth and strengthening organizations' financial profiles by increasing scale and expanding EBITDA margins through operational efficiencies. We have a clear path and a commitment to managing our business to profitable growth. I want to thank our customers and partners for joining forces with us, and my thanks to our teammates for their hard work and commitment to the Secureworks mission of securing human progress. I particularly want to thank Chris Grant for his partnership and support, acting as our interim CFO for the past month. With that, I'll turn the call over to Chris to walk through our financial results and guidance. Thanks, Wendy. Good morning, everyone. Today, I will cover our first quarter results and outlook for the second quarter and fiscal year 2024. Total revenue was $94.4 million in the first quarter, which compares to our guidance of $96 million-$98 million. The lower total revenue was driven by accelerated wind down of our other MSS business and customers delaying professional services projects. As a reminder, our professional services business includes both retainer-based and transactional services. In Q1, the delays we saw were in the transactional revenue, which can fluctuate from quarter to quarter due to the dependency on customer resource availability. Adjusted EBITDA loss was $20.1 million, compared to a $7.8 million loss in prior year first quarter. The overall change was driven by the other MSS and professional services revenue just discussed, offset by Taegis gross profit expansion and OpEx savings as we continue to align our cost structure with our Taegis-centric business. Overall, Taegis business performed in the first quarter as expected. Taegis subscription revenue was $62.6 million, up 68% year-over-year, in line with expectations. Taegis ARR increased nearly $90 million year-over-year to $269 million, now representing more than 85% of our total ARR. With our resolutioning effort substantially completed at the end of fiscal 2023, the majority of our Taegis ARR growth this quarter was driven by new logos, upsell and cross-sell. Average revenue per Taegis customer was approximately $132,000, and we've added 600 Taegis customers since the first quarter of last year, representing year-over-year growth of 43%. I would like to highlight that Taegis average revenue per customer remains a premium to the industry average. We took the unique approach of bundling a number of core capabilities, such as one-year data retention, orchestration and hunting playbooks, endpoint agent, and unlimited response in our core offering. Our higher average revenue per customer than our competitors benefits from this strategy and our target buyer segments. To provide more insights into the underlying financials of our Taegis business, we've enhanced our disclosures this quarter, providing a breakout of Taegis cost of revenue and gross margin. Taegis gross margin continues to scale, reaching 70% this quarter, 110 basis points higher than the 1st quarter a year ago. As we move towards the other MSS end of life in Japan in Q1 of next year, ARR and revenue in that business will continue to wind down. We anticipate eliminating the remainder of our other MSS cost structure at the same time that we sunset other MSS in Japan in Q2 of next year. As Wendy shared, we have also been actively managing down our OpEx as we align our expense base to our Taegis-centric business. Turning now to our cash and balance sheet. We finished the quarter with a strong balance sheet, with $95 million of cash, no debt, and an undrawn credit facility. We used $42 million of cash from operations, compared with $25 million used in the prior year first quarter, which primarily reflected lower adjusted EBITDA. As a reminder, our first quarter is seasonally the highest use of cash due to annual incentive payouts. Turning to our guidance for the second quarter in fiscal year '24. We are reiterating our guidance for Taegis ARR to end FY '24 at $300 million or higher. We expect other MSS ARR to represent approximately 5% of total ARR at the end of this fiscal year. Our full-year total revenue guidance range is $380 million-$400 million, with second quarter revenue of $90 million-$92 million. We continue to anticipate full-year Taegis revenue to be $270 million-$280 million. Taegis gross margins are expected to expand from first quarter levels as we progress throughout the year. The benefit of that within total gross margin will be offset by duplicative, fixed, and transition costs as we sunset support for our other MSS services in Japan. We have previously stated that there are approximately $25 million of duplicative, fixed, and transition-related costs that we are incurring, with $15 million in cost of revenues and $10 million in operating expenses. As we turn down other MSS services, we will manage the related costs out, one of several positive impacts to our operating structure in FY '24 and FY '25. As Wendy shared, we are actively managing our cost structure. We expect reductions in our operating costs to begin in the second half of the year as we align our resource allocation based on the faster runoff of the other MSS business. We have experienced significant improvements in our cost structure from our ongoing use of automation. We continue to drive automation and scale into our growing SaaS business. As our teams deploy AI across operations, we see improvements in all areas of our business, both in ways that directly benefit customers and in the scale of our operating model. Our investment in sales and marketing over the past year have enabled the repositioning of our brand, completing the resolutioning outside of Japan and supporting our transition to partner-first model. It is early days in our partner-first go-to-market, but with the resolutioning behind us in North America, we began recomposing our sales force by expanding our hunter capacity and reducing investments in account executives focused on resolutioning. This will be apparent in lower sales and marketing dollars spent this year, as we are no longer compensating account executives to move existing customers from our other MSS platform to Taegis. R&D will also trend lower as we continue to reduce our engineering support costs related to our other MSS business. Full-year adjusted EBITDA range is expected to be between -$29 million and -$39 million. Finally, full-year non-GAAP EPS loss is expected to be between $0.34 and $0.43. We expect Q2 non-GAAP EPS loss to be between $0.15 to $0.17. In summary, Taegis continued to show strong momentum in the first quarter, in line with our expectations. As the sunset of our other MSS accelerates and we benefit from scale on our Taegis-centric business, Q2 is the trough in the transformation of our business. We expect our actions in fiscal 2024 to lead our business to profitable growth next year. Thank you for joining us on the call today. Wendy will rejoin us as we begin Q&A. Operator, can you please introduce the first question? Certainly. Ladies and gentlemen, at this time, I would like to remind everyone, in order to ask a question, please press star followed by one on your telephone keypad. That's star followed by one on your telephone keypad. Okay, our first question comes from Saket Kalia from Barclays. Saket, your line is now open. Please go ahead. Okay, great. Hey, good morning, guys. Thanks for taking my questions here. Good morning. Good morning. Wendy, maybe for you, appreciated the talk about ROI on Taegis in your opening remarks. I was wondering if you could just go one level deeper into that. I guess the question is, based on your conversations with customers, where do you think or how do you think Taegis is driving, you know, the most ROI for those customers? Sure. Great question. Thanks. Thanks, Saket. I hope you're doing well. We really see three primary areas, and I will try to do them in sort of order of magnitude order. The first one is clearly the productivity of their IT and security teams. When we think about the burden moving off of their team in terms of managing or building integrations, building detectors, the automation in the investigation and the response workflow, if there is, if they have MDR with us or a partner, that aspect of unlimited incident response for high-end critical alerts from Taegis. That they can either, and they do the both kinds of math. I don't need to struggle to hire and retain scarce security talent for as much, or very often they can turn their team to sort of the strategy of their security program as opposed to kind of the day-to-day management. Just talking to a CISO in earlier this week, who was looking to move on that journey now that she had moved to Taegis. The second one is they can clearly see a path to displace spend, frankly, the friction of managing a lot of different vendors. As you know, we continue to expand the XDR platform, a lot of individual point products are now frankly, features or capabilities of Taegis. Of course, we include the endpoint agent, which we often see organizations deploy our agent in areas where they didn't deploy any type of other AV-type agent because it's included in the pricing. Things like our ability to include 1 year of storage, you don't need separate log retention. Those are great examples of the path they can go on that front. Then the third one, which is a little bit harder to measure, depending on the organization, but there's just less business downtime and user friction. Sometimes that does show up in terms of cyber insurance, actual lower rates, but a lot of times it's just their sense of their ability to provide assurances to their board that they now have absolutely full holistic coverage, and frankly, often better coverage than they had before for the same spend. Those are really the three areas I'd point to. Got it. Got it. That's helpful. maybe for my follow-up for you, Christian, you know, you touched on some of these in your prepared remarks, but I just wanted to make sure I was clear. For the 14%, roughly 14% of ARR, in other MSS, that is largely Japan, can you just talk about sort of when that's expected to mostly go to zero? And then relatedly, the magnitude of the duplicative costs and sort of the path for those winding down presumably to zero as well. Good morning, Saket. Thank you for your question. As we talked about, like, when it comes to the remaining 14%, right? With the acceleration in Q1 of the non-Japan Other MSS, again, more than half is left in Japan, and which we're actively managing down with the expected end of life in Q1 of next year. When it comes to those costs, right, as I mentioned in my remarks, there's about $25 million that is directly tied to the wind down of the Other MSS, you know, which is split $15 million in cost of service and $10 million in OpEx. You know, we're aligning that and managing as the rundown of the 14% occurs. There's a little bit of a timing that'll happen, as, you know, some costs comes off after the revenue. The expectation is the, all those duplicative and transition costs will exit the business by mid-FY '25. Right. I think that's the thing I'd emphasize, Saket. Very helpful. Thanks, guys. The kind of two worlds. Yes. Thank you. Our next question comes from Mike Cikos, from Needham. Mike, your line is now open. Please go ahead. Hey, guys. Thanks for taking the questions here. Appreciate you providing the guidance and metrics, I just wanted to tease out a little bit more around the revenues. With Q1 coming in, obviously below where you guys had expected based on that more active management of Other MSS, is it fair to think that you guys probably tracking towards the lower end of that revenue guidance range we have today? Maybe in conjunction with that response, can you help us think about what needs to go right, or what are the vectors that would help you guys come in towards the higher end of that revenue guidance for the reiterated full year guide that we have today? Good morning, Mike, and thanks for that. There are a couple of factors in first quarter. There certainly was, and as you recall, the Other MSS has two pieces, a handful of larger contracts that were originally extended beyond the non-Japan end of life state, that we are just working through with those customers for smooth transition, and we are able to accelerate some of that, which is a good thing, and we can align our cost structure accordingly. The second piece was really the transactional consulting revenue, which was more... Those revenues were sold, but the revenue is dependent on customer resourcing to implement those. Think of that more as a timing issue than a, than a sort of permanent issue. Within the existing Taegis guidance range, we can see the offset of the Other MSS piece, which, as I said, the sooner we kind of get to one go-forward business, the more that's good for the overall company. Got it. Got it. I know that you guys have spoken about the go-to-market earlier in your prepared remarks as well. I think Chris had pointed to some of the success you guys continue to see with Taegis ARR coming from, whether it's new customers or upsell or cross-sell. A two-porter here, but first, maybe for Chris, can you help us think how many of I guess how many customers were added for Taegis in Q1 versus Q4 of last year? Wendy, this is more of a product view here, but can you help us think about the marriage of the IT and OT with respect to the I guess, tie-up of those environments and where Secureworks envisions itself playing in that field? Thank you. Sure. I can hit the product one, and then I'll hand it back to Chris to talk about the customer as a kind of the new cross, obvious majority now that we're past all of the re-solutioning outside of the handful that's left. Sure. We're really proud to bring to market these offerings that help unify the security of OT systems for customers. All of you know that we've all seen, right, personally been impacted by industrial companies being impacted by ransomware attacks and their need for unified security, particularly for the systems that generate the majority of their revenue. Our approach to embedding that now into the Taegis platform, as those systems frankly become much more exposed to the IT side of their house, and of course, are under attack because they're lucrative to attack. This is a great extension of the platform to provide that holistic single pane of glass protection and visibility for customers in a space that we've just seen a lot of growth in. This is an opportunity to tap into a fast-growing segment of the market. I'll turn it back to you, Chris, in terms of the kind of new cross customers. Mike, our quarterly ARR was led by the majority new and cross-sells, which was evenly kind of distributed between the two. ARPC remains at a premium to the market. This is the second quarter in a row where our new customer ARPC is greater than our re-solutioned customers. You know, our counts are rounded, so you lose some of the visibility into the growth that's happening on the customer base. Terrific. Thank you very much, guys. Our next question comes from Hamza Fodderwala from Morgan Stanley. Hamza, your line is now open. Please go ahead. Hey, good morning, everyone. Thank you for taking my question. Wendy, first one for you. I know it's super early days, but I was wondering, as you talk to customers, how are they thinking about using some of these more advanced AI models, as far as their security process is concerned, any applications that you would call out that they're discussing with you about? Second part was around, you know, you talked about using AI internally to make the business more efficient. Maybe if you could elaborate on that, would be super helpful here. Sure. It is early days, and this is a sort of a hot topic in terms of, I do ask customers, and they ask us about how we're using AI and how they're seeing it impacting the evolution of their businesses. The applications are pretty myriad. I mean, they are looking to accelerate anything that is a repeatable type of activity by their team. They are looking to AI to figure out new ways to disintermediate sort of things that are done by humans. Code creation is a great example. Anything around content creation, digital media, there's just a pretty endless list of what they're considering. What we haven't seen is obviously deep implementation and just much more experimentation right now. We're kind of keeping a close eye on what that might mean in terms of their security needs. For us, there's really talk about two broad brush areas. One is in the platform itself, and we have been using AI from the very beginning, and the platform was architected to take advantage of the vast training data that we have in place. And so when you think about we've been using deep learning and machine learning models from the very beginning, the powerful thing for us that's kind of this era is this idea of sort of generative AI to find the unknown unknown. And I think that's where the real power comes from in terms of security value for customers that we're on the curve for. That ability to clearly detect more, detect faster and thereby prevent breaches is an incredible opportunity for us to create more value for customers and beat the adversary. Thank you. As a reminder, ladies and gentlemen, if you'd like to ask a question, please press star followed by one on your telephone keypad. That's star followed by one on your telephone keypad. Our next question comes from Tal Liani from Bank of America. Tal, your line is now open. Please go ahead. Hey, team, you have Madeline Brooks for Tal this morning. Just a few quick ones for me. I guess I want to dive into, you know, macro in the opening remarks. I understand that obviously, we have some of the revenue being weighed down by MSS, but I also wanted to just touch on what you're seeing from an economic cycle. Then as we look into the back half of the year, you know, assuming stronger revenue growth for the back half, and, you know, candidly across the board, I think our cyber companies over the course of this quarter have tried to put in place just more conservative guidance for back half. What are you guys seeing differently in the market that gives you the confidence that the back half will be stronger for you? Thanks. Thanks for that. I'll just add a little color on the macro environment. For us, as I mentioned, the last 3 quarters, so 3rd quarter, 4th quarter last year, 1st quarter of this year, definitely looked a lot different in terms of profile from either the 1st half of last year or even the year prior. We didn't see a material shift in, you know, customer behavior or potential customer behavior in terms of their scrutiny of deals, which is definitely more elevated, and their own attention to their budget, their business. I think it's kind of continuation of the same. For us, while we of course see continued growth in Taegis, our second half inflection in total revenue is more a function of the roll-off and transition of the other MSS business, as opposed to us saying there's, you know, materially different trajectory in our core business, and you can see that in the Taegis ARR guide. Hopefully, we're in a little bit of a different situation, so hopefully that color helps. Thanks so much. Just to follow up, too, you know, at least strategic customers, year-over-year. Can you talk a little bit about where we are in terms of the transition of your existing customer base and maybe out of that 600, you know, what% of customers were net new? Sorry, you broke up just a little bit. I'm going to say back your question, which I think you asked, and if it doesn't hit your questions, then we can hit it on follow-up. I think the first question was around, of the 600 customers we added, year over year, how what percentage were net new versus, re-solutioned? I'd say we're. Yes, that's the question. I'll give you the exact numbers for you. They're about 60/40. I think that's been about consistent in terms of, obviously, first quarter was a new customer story as opposed, and cross-sales of course, as opposed to re-solutioning. The second question, I don't know if you all heard. I did. Can you maybe try again on the second question? Actually, you answered it, so thank you. Okay, great. All right. You're welcome. We currently have no further questions, so I would like to turn the call back to Mr. Toomey for final remarks. Please go ahead. Thank you. That ends the Q&A in today's call. A replay of this webcast will be available on our investor relations page at secureworks.com, along with our Q1 supplemental deck with additional financial tables. Thank you all for joining us today. Ladies and gentlemen, this concludes today's call. Thank you for joining. You may now disconnect your lines. Thank you.