Good day, ladies and gentlemen, and welcome to the Sensus Healthcare second quarter 2022 earnings conference call. All lines have been placed on a listen-only mode, and the floor will be open for questions and comments following the presentation. If you should require assistance throughout the conference, please press star zero to reach a live operator. At this time, it is my pleasure to turn the floor over to your host, Kim Golodetz. Ma'am, the floor is yours. Thank you. This is Kim Golodetz with LHA. Thank you all for participating in today's call. Joining me from Sensus Healthcare are Joe Sardano, Chairman and Chief Executive Officer, Michael Sardano, President and General Counsel, and Javier Rampolla, Chief Financial Officer. As a reminder, some of the matters that will be discussed during today's call contain forward-looking statements within the meaning of federal securities laws. All statements other than historical facts that address activities Sensus Healthcare assumes, plans, expects, believes, intends, or anticipates and other similar expressions will, should, or may occur in the future are forward-looking statements. The forward-looking statements are management's beliefs based on currently available information as of the date of this conference call, August fourth, two thousand twenty-two. Sensus Healthcare undertakes no obligation to update or revise any forward-looking statements except as required by law. All forward-looking statements are subject to risks and uncertainties, including the continuation and severity of the COVID-19 pandemic and its impact on sales and marketing, as described in the company's Forms 10-K and 10-Q. During today's call, there will also be reference to certain non-GAAP financial measures. Sensus believes these measures provide useful information for investors, yet should not be considered as a substitute for GAAP, nor should they be viewed as a substitute for operating results determined in accordance with GAAP. A reconciliation of non-GAAP to GAAP results is included in today's financial results press release. With that said, I'd like to turn the call over to Joe Sardano. Joe? Thank you, Kim, and good afternoon, everyone. I'm delighted to be reporting on another quarter of strong financial performance with significant year-over-year revenue growth and continued profitability. Our revenue of $12.1 million was more than double last year's Q2 revenue. In addition, we earned $0.21 a share compared with $0.20 from continuing operations in the first quarter of this year and a loss of $0.02 last year. We've maintained our momentum since the close of the quarter, and we're optimistic the second half of the year will be terrific. If you recall, in January 2021, our SRT therapy received improved reimbursement when the Centers for Medicare & Medicaid Services, or CMS, revalued our main code upwards by 66% for a course of SRT in non-melanoma skin cancer. In addition, ancillary codes received a double-digit boost. Of note, Mohs surgery reimbursement went down. Last quarter, we reported continued growth in patient volumes at customer sites, in part because SRT became so much more prominent during the pandemic while surgeries were kept to a minimum. This has continued in a best practice migration towards SRT that will not only be a permanent gain for Sensus but will continue to generate demand for a non-invasive treatment approach. We continue to leverage the improved reimbursement for SRT via a number of activities. First, we embarked on a rigorous education program to ensure our physician customers were educated on the improved ROI. This work is ongoing and is especially significant at dermatology conferences and trade shows. More recently, early this year, we established our fair market value lease program with our banking partners, and that has driven increased sales of our premium SRT-100 Vision, with more than half of Vision sales now occurring under lease. Importantly, the leasing program brought Vision into a more affordable price point while providing Sensus with the premium economics the features deserve. We expect that Vision sales growth in the U.S. will continue to exceed basic systems. We believe that through features such as image guidance and ultrasound, plus the software to track disease progression, guide therapy, and plan treatments, Vision systems provide better patient care, and we are delighted that physicians increasingly recognize this. As you know, we spend a great deal of time with our physicians, including key opinion leaders, at important medical conferences. In addition, we engaged a new advertising firm for a digital marketing program directed at patients to make them aware of SRT. We also began television advertising in select markets, specifically Florida, Texas, and Arizona. Although there is particular focus on these regions of the country, you may have caught some of our ads nationwide on HGTV, the Cooking Channel, PGA Golf tournaments, Bally Sports, baseball, and Wimbledon. We're running 10-, 15-, and 30-second clips. The ads have been posted on our website, so feel free to view them. The 2022 midterm election may influence the frequency of ads over the near term, as we expect greater exposure as more ad times free up post-election. We are also recognizing increased recurring revenues as the business grows in the form of service agreements. At this point, approximately 80% of the systems that come off their one-year warranty are covered by service agreements. Note that our ability to diagnose any issues, including before they happen, has been made easier with our Sentinel technology, and that has greatly enhanced our customer service. As a reminder, Sentinel is our proprietary HIPAA-compliant software and is available on all our new products. It allows physicians to easily and accurately document patient data for clinical billing and asset management purposes. This technology has been a game-changer for our SRT customers and for Sensus, as it clearly demonstrates the attractive ROI for the SRT-100 Vision and the SRT-100 + systems. We've also included Sentinel in all five of our Sensus-branded aesthetic smart lasers. While treating skin cancer is of great importance to the company, dermatologists also are mindful of the economics in the aesthetic space. With this in mind, we remain focused on leveraging our sales organization to provide products that our customers demand. Late last year, we entered into an exclusive U.S. distribution agreement for a non-invasive drug delivery system called the TransDermal Infusion System or TDI. This system is cleared by the U.S. FDA for the local administration of ionic drug solutions into the body for medical purposes. The TDI launch is going very well and is generating significant interest among potential customers who recognize its ability to eliminate injections. The system permits many procedures to be less painful for patients, and interest is particularly high for the aesthetic facial procedures, hair growth, and hyperhidrosis or excessive sweating. As validation, we were excited to take orders to deliver 10 systems to Hair Enhancement Centers. HEC will be delivering U.SK Under Skin's hair growth serum called Skin Savers Hair. U.SK Under Skin is a subsidiary of EMS, the largest pharmaceutical company in Brazil, and it's a subsidiary of one of Brazil's largest conglomerates. 2 systems will be delivered in this year's third quarter, and the remainder will be delivered in the fourth quarter. HEC is rapidly growing and currently operates nine centers in Texas, and we aim to support their expansion plans beyond this year. In addition, work to study the delivery of finasteride for hair growth is underway by Dr. Glynis Ablon of the Ablon Skin Institute and Research Center and Associate Clinical Professor at UCLA. Finasteride is more commonly known as Propecia. Work has also been done by Dr. Mark Nestor, the founder of the Center for Clinical and Cosmetic Research in Aventura, Florida, who presented an abstract at the Hawaii Winter Clinical outlining the efficacy of utilizing TDI for subjects with axillary hyperhidrosis or excessive sweat glands. We were delighted to ship a second SRT-100 system to Colorado State University College of Veterinary Medicine and Biomedical Sciences during Q2. CSU is a highly regarded equine program, and this system will be used in their new dedicated facility. Recall that last year we shipped an SRT system that was being used to treat a variety of tumor types in companion and other smaller animals, including squamous cell carcinoma in a matamata turtle at the Denver Zoo. Research on horses is expected to be published next year, and if the research continues to show beneficial outcomes as it has so far in a small number, veterinary medicine could be an important new market for our SRT systems with approximately 30,000 veterinary practices in the U.S. I'll briefly mention our international business now, as I think the fact that we shipped five SRT systems to Asia, including to China, in spite of the never-ending pandemic in that country, reflects the importance of treating patients for skin cancer and keloids despite the geopolitical uncertainty. That certainly holds true in the U.S. as non-melanoma skin cancer needs to be treated regardless of the economy. Before I turn the call over to Javier to review our financial results, I want to underscore how pleased I am with our financial performance and just as important, with the dedication of our staff and our customers. We believe we are providing important products that benefit the health of people around the world, and our organization not only feels it, we live it. As I said last quarter, we are always cognizant of our surroundings. Notwithstanding the geopolitical and financial turmoil that abounds and noting our usual seasonality, we are very much aware of the threats of inflation, wars, and pandemics. Despite of these factors, we expect continued profitability for the year. We have a robust backlog of orders, and we continue to keep a keen eye on expenses. We also have the strongest balance sheet in the company's history, and we will deploy cash to benefit our shareholders, be it in the form of stock repurchases or accredited acquisitions of companies and products that complements our dermatology footprint. With that, I'll turn the call over to Javier. Thanks, Joe. It is a pleasure to be speaking with all of you this afternoon. As Joe mentioned, revenues for the second quarter of 2022 were $12.1 million, and this compares with revenues of $5.4 million for the second quarter of 2021, which was impacted by the COVID-19 pandemic. Revenues for the 2022 quarter reflect a higher number of units sold, including the sale of five SRT-100 systems that were shipped to Asia, along with revenue from service contracts on our mobile laser business. Gross profit for the second quarter of 2022 was $8.3 million, or 68.6% of revenues. This compares with $3.3 million or 61.1% of revenues for the second quarter of 2021. The increases were primarily driven by the higher number of units sold in 2022, service revenue on installed units, and the impact of COVID-19 on the 2021 quarter. Selling and marketing expense for the second quarter of 2022 was $1.7 million, compared with $1.3 million for the second quarter of 2021. The increase was primarily attributable to higher trade show expense, advertising expense, and commissions, offset by a decline in other marketing expenses. General and administrative expense for the second quarter of 2022 was $1.1 million, compared with $1.4 million for the second quarter of 2021. The decrease was primarily due to higher legal and professional fees in 2021. Research and development expense for the second quarter of 2022 was $0.8 million, compared with $0.9 million in the prior year quarter. We recorded a provision for income tax in the second quarter of 2022 of $1.1 million and had no such provision in the second quarter of last year. Net income for the second quarter of 2022 was $3.5 million or $0.21 per diluted share, and this compares with a net loss of $0.3 million or $0.02 per share for the second quarter of 2021. Adjusted EBITDA, which we define as earnings before interest, taxes, depreciation, amortization, and stock compensation expense, was $4.7 million for the 2022 second quarter, compared with a - $0.1 million for the second quarter of last year. Turning briefly to our year-to-date financial results. Revenues for the first half of 2022 were $22.4 million, up 164% over the $8.5 million for the first half of 2021. The increase was primarily driven by higher number of units sold in 2022, service revenue on installed units, and the impact of COVID-19 on the first half of 2021. Gross profit for the first half of 2022 was $15.4 million or 68.8% of revenue, compared with $4.9 million or 57.6% of revenues for the first half of 2021. The increases were primarily driven by a high number of units sold in 2022, service revenue on installed units, and the impact of COVID-19 on the first half of 2021. For the first half of 2022, selling and marketing expense was $2.9 million, compared with $2.3 million for the first half of 2021. The increase was primarily attributable to higher trade show expense, advertising expense, and commissions, offset by a decline in other marketing expenses. General and administrative expense was $2.4 million for the first half of 2022, unchanged from the prior year period, while research and development expense also was unchanged from the prior year at $1.6 million. Net income for the first half of 2022 was $19.6 million or $1.17 per diluted share, compared with a net loss of $1.4 million or $0.08 per share for the first half of 2021. Net income for the first half of 2022 includes a $12.8 million gain on the sale of a non-core asset during the first quarter of 2022. Adjusted EBITDA for the first half of 2022 was $21.5 million, compared with a - $0.9 million for the first half of 2021. Turning now to our balance sheet. Cash and investments were $33.7 million as of June 30, 2022, compared with $14.5 million as of December 31, 2021. The company had no outstanding borrowings under its revolving line of credit as of June 30, 2022 or December 31, 2021. During the second quarter of 2022, the company repurchased 126,523 shares of common stock in the open market at prices ranging from $7.46- $8.56, for a total of $1 million. Recall that during the first quarter, the board of directors approved a $3 million share repurchase program. While we have always placed most attention on expense management, we continue to be in the strongest financial position in the company's history. This attention to our balance sheet leave us well positioned to take advantage of compelling growth opportunities we may come across. As a final comment, please see the table in the news release we issued earlier today for a reconciliation of GAAP to non-GAAP financial measures. With that, I'll turn the call back over to Joe. Thank you, Javier. Once again, I'd like to stress how proud I am of our entire Sensus team, including our customers, and their continued dedication to our patients during challenging times and their tenacious dedication to growing our business. Our financial results speak to that dedication. I'm also proud to share with you that our President and General Counsel, Michael Sardano, was honored last week by the South Florida Business Journal as one of the region's top 40 executives under the age of 40. Congratulations on this achievement, Michael. Our SRT systems are well positioned in a large market consisting of some 14,000 dermatologists and 1,000 Mohs surgeons in the U.S., representing more than 7,500 offices, not to mention a further 6,500 plastic surgeons and 5,500 radiation oncologists. Our systems provide a compelling alternative to surgery for millions of patients, and arguably the only solution to prevent the recurrence of keloids following surgical excision. Before we open the call for questions, I want to mention that we'll be presenting at the H.C. Wainwright Global Investment Conference being held in New York City, September twelfth through the fourteenth, and we'll be available for one-on-one meetings. I hope to see some of you there. With those comments, I thank you for your time and attention. Now, operator, we're ready to take questions. Thank you. Ladies and gentlemen, the floor is now open for questions. If you do have a question, please press star one on your telephone keypad at this time. If you're using a speakerphone, we ask that while posing your question, you pick up your handset to provide favorable sound quality. Once again, ladies and gentlemen, if you do have a question or comment, please press star one on your telephone keypad at this time. Please hold as we poll for questions. Our first question comes from Alex Nowak from Craig-Hallum Capital Group. Please go ahead. Hey, guys. This is Jay on for Alex. Congrats on the great quarter. You know, starting off from us- Thank you, Jay. Yeah. Starting out from us, you know, the business seems to be hitting on all cylinders. Your comments concerning the pipeline seem promising. Any reason we shouldn't be thinking about sequential revenue growth for the remaining two quarters of the year here, Joe? I think all of that is very much possible. I think that we are on a good string here of business, and I think that that will continue between now and the end of the year, and I think that we'll have a very strong second half of the year. Got it. It was nice to hear your comments on capital allocation. You know, any additional thoughts you can give us on what you're seeing, you know, what the market looks like for small M&A or other commercial partnerships in dermatology? There's a few companies out there that we think could be a good fit with us. You know, we're trying to talk to these companies. It's a very difficult time for a lot of these companies to gain any kind of consensus on what their future is. I think we're all hoping for a great economy, but it also provides us with an opportunity and for them to join with a company that's on the right track. Hopefully, we're gonna be able to accomplish something and, hopefully we'll be able to do something soon. Got it. You know, we've heard kind of some inklings around the market that, you know, in some areas, healthcare staff shortages are getting marginally better. You know, what have you heard recently from the field about, you know, the dynamic in dermatology offices? You know, from a standpoint of bringing on people or hiring people, things like that, it's very, very difficult. It's not easy. You have to be extremely particular. We're not going to settle for second best when we've always worked towards getting the best people we possibly can get. We wanna continue on that track and, hopefully, we keep hiring people like who we're hiring right now. I would say that the hiring is slow only because the process that we've employed is very, very precise and very in-depth, so we wanna make sure that we get the best people up front. Are you seeing any impact from, you know, your customers maybe having difficulty hiring or keeping fully staffed on your business at all? Should we expect any improvement there as the, you know, general ecosystem improves? First of all, I'll say this about the dermatology, you know, footprint that we have and the industry that we're in. The dermatologists have unbelievable loyalty with their employees. They all are very, very strong with the employee base that they have and how they're administering to their patient base. I think that a lot of them are also expanding, and it's that expansion that they're probably seeing some difficulty. Because of the reputations that they have with their patients and in their communities, they're attracting a lot of good talent. Because they have the background and the, and the experience within their practices, they're able to bring, you know, good people on board who are willing to work and train them to the benefit of the practice. I don't see them hurting as much as a lot of people might think in other industries, 'cause this is a very vibrant industry. Got it. No, that's helpful color. You know, I might have missed it on the press release, but can you share the number of SRT systems that you guys shipped in the quarter? I know that's something you usually give. I'll leave that up to Javier here. He'll tell you. We shipped 35 SRT systems in the quarter. Got it. Thanks for that. Just last for me, if I can sneak one more in. Can you talk a little bit about your relationship with SkinCure Oncology? You know, wondering if it ever would make sense to form a closer, you know, partnership there. I think we got a great relationship with SkinCure Oncology. Like I said in the past, I wish I had 10 more customers like these guys. They're wonderful. They know what they're doing. They're professional in every way. They know how to treat patients, and they're working very well with their dermatology partners. We're excited for them and, you know, we're always talking together, so if an opportunity comes to work closer together, we'll see, and we'll pursue, and we'll discuss. Got it. Yeah. Congrats again on the great quarter, guys. Thank you very much. Thank you. Thank you. Our next question comes from Scott Henry, from Roth Capital. Please go ahead. Thank you, and good afternoon, Joe, Michael, and Javier. How you doing? Wow, what another strong quarter. I mean, third one in a row. Really fantastic. I guess the natural question when you're selling a capital equipment type of object is, you know, is this a bolus of orders and maybe it slows down from here? Or do you think this kinda pace or cadence can be maintained at these higher levels? I mean, you've got quarters that look like the year looked like in 2020. We're just trying to get a sense of how sustainable it is. Well, you know, Scott, it's a very, very good question. As we're looking at the market, and you look at what the market penetration that we've had so far, we're probably somewhere around 3.5%-4% of the market penetration. We still have the rest ahead of us. I made a statement maybe two quarters ago when we announced 500 units installed. I said that, you know, it took us 10 years to install 500 units, and we would probably be able to install 500 units in half that time for the next 500. I still believe that, and I think that the market will be able to capture that. I think COVID kind of propelled us closer to that because of best practices. Again, we're seeing a new era of dermatologists and Mohs surgeon that's coming into play, where a lot of these doctors are not afraid of technology. Because of the volumes of patients that are coming through their offices, the productivity that we provide them with SRT gives them so much more time to see so many more patients. I think that's the key, how many patients can they see? We provide them with the cash flow that they need, with the return on investment that they need, and we give them more time to work those extra patients into their practice. I think we provide them with everything and all the tools for them to grow as well as our practice and our business to grow. Okay. I mean, the natural question is, I mean, I've heard the presentation for years, and I mean, you look at the pictures and the non-invasiveness of SRT versus Mohs surgery with similar results. You know, it did seem kinda like a no-brainer that this shift would happen, but it didn't really happen for a while. You know, do you think it was the reimbursement, or do you think it was just the inflection of enough people seeing it, just reaching critical mass? I mean, why now? Well, I think we've got a couple of things going for us right now. I think, number one, the doctors are seeing more and more each and every year, each and every month, the benefits that their patients are getting from SRT. We're seeing that more and more patients are hearing about SRT and are starting to demand a non-surgical choice. With the influx of cash and how we've been able to preserve our cash over the last 2, 3 years in spite of COVID, we're now reinvesting that cash, as I mentioned during the dialogue, that we're working with an outside agency, a PR and advertising firm, to help create more patient awareness. Prior to that, based off of our website, and if anybody wants to go to our website, you'll see it's a new and revamped website that's very user-friendly for both the doctors and the patients. But you're—we've gone from literally 2 patients a week inquiring by reaching us either off of our website or phone calls to now we're seeing—we're approaching 30 calls a day, 30 inquiries a day from patients. We're not even starting the PR program throughout the entire country. We're just starting to touch it. I think that this is gonna continue to grow. As those patients keep inquiring, we set them up with our doctors in the areas that these patients are living, whether it be for keloids or skin cancer. We're hearing all the war stories, the horror stories that the patients are going through, the stories that they're getting from their communities regarding the treatment of skin cancer and/or keloids. Now we're directing them to the physicians who have our equipment, and I think that they're getting the treatments that they're looking for. We're getting a lot of letters that say thank you for your help. They haven't received that kind of help in any other kind of modality that they've worked with in the past. I think the combination of all these things happening at the same time and us being able to now afford reinvesting into this PR and advertising is gonna help us accelerate this. Okay. You know, with the higher numbers in the first half of 2022, and even some sales at the end of 2021, should we still expect seasonality in kind of a stronger Q4? Historically, that's been a strong quarter. Or, you know, maybe we should think that that's more smoothed out given the big numbers we're seeing. You know, I would have to say that we are looking at some degree of seasonality. As we're going into the third quarter, you know, we're gonna be pushing for our growth and continue to grow quarter-over-quarter. The main thing is profitability. We want to achieve profitability each and every quarter, which is what I said from day one when we started this year. As we're going into the third quarter, there's a lot of things that are going on that could impact what happens in the third quarter. I don't know if they will, but these are the things that we think about. We have a midterm election. A lot of people just keep their hands in their pockets until they know exactly what the result is. They just don't like to move. They might anticipate those results, but they still don't like to make decisions until after the results are confirmed. On top of that, I look at these doctors that we work with. They've really busted their butt over the last 2, 3 years during COVID, and they had to recover a lot from their practices, from their families, all of those things that made them better business people, made them better doctors. When I look at what they've had to go through, they haven't had vacations in 2 years with COVID. Where could you go with your family? Couldn't go anywhere. A lot of times their clinics were closed. If I were them with the new money that they're making or the renewed, you know, opportunities that they have within their practice, I'd be looking at taking some extended vacations with the wife and kids somewhere, whether it's the cottage or whether it's overseas or wherever they wanna go after two years of being closed up. I think they're gonna take advantage of that, and that might extend into the November timeframe. Now, I don't know how it's gonna impact our sales. I will tell you that we have a good backlog going into this third quarter, so we have a good shot of either meeting or exceeding what we did in Q2. I would expect that no matter what, our Q4 will still be the best quarter that we've had in the entire year. That's why we're very, very up, you know, optimistic about what's gonna happen in the second half. The third quarter is gonna be key, but we're comfortable with what we're doing so far with the third quarter. We're excited about the second half. Okay, great. Just the final question, Joe, a little more of a long term, as I've kinda noticed, you seem to be building a little more of a recurring revenue stream into the business in addition to kind of a capital sale. You know, when you think out five years from now, you know, what% of revenues would you like to think would be recurring revenues in the business model? Well, yeah. If we were to stick with the current product line that we have, if we're going to assume that we're not gonna get into or expand our footprint into other product lines for the same industry, you're gonna look at anywhere between 10%-14% of recurring revenue based on the service agreements that we have. I think the service agreements are very important, not just for us, but also for the doctors, and they're starting to recognize the importance of the service contract, because with the Sentinel, we provide them with a tremendous impact in making sure that these machines do not go down, and that's what they love. They have the reliability, and they can expect this product to be working every time they book a patient or schedule a patient for treatment, and that's important to them. Okay, great. Thank you for taking the questions and congratulations again on the strong results. Thank you very much, Scott. Appreciate it very much. Thanks, Scott. Thank you. Our next question comes from Anthony Vendetti from Maxim Group. Please go ahead. Thank you. Hey, Joe. Hey, Michael. How are you doing, Javier? How are you? Hey, Anthony. How are you? How's it going? Good. Thanks. On the TransDermal Infusion systems, you sold 10 or you have orders for 10, which is great, to these Hair Enhancement Centers. Two are gonna be delivered in the third quarter. Or have any of those been delivered yet since we're in the third quarter? You know, 8 are scheduled in the fourth quarter. On a revenue recognition side, did any of those systems get recognized, or did a percent of those get recognized here in the second quarter, or are all the revenues going to be recognized when delivered in the third and fourth quarter? Hey, Anthony. Yeah. The order of 10, we expect at least two to be delivered in Q3, the remaining by the end of the year in Q4 now. That's basically how we plan to recognize the revenue as well. None of these orders, no part of the revenues from these 10 orders were recognized in the second quarter that ended June 30th, correct? Correct. Okay, great. Switching gears to the SRT systems, 35 were delivered. Any of those to China, or did you break that out, or can you break that out? Yeah. Five went to China. I should say five went to Asia because we had four go to China and one to Vietnam. Oh, okay. Joe, maybe on the TransDermal Infusion System, you know, right now, 10 of these for the Hair Enhancement Centers. The opportunity as we discussed when you first signed this agreement is, you know, for other aesthetic procedures as well that require injection, whether it be Botox or something else, Juvéderm or dermal fillers. Can you talk about the interest level or the pipeline of other potential aesthetic procedures for the TransDermal Infusion System? Yep. The interest is extremely high. We've got other pending orders. We have a backlog going into the third quarter, other than the HEC purchase. We've got quite a few customers that are looking at multiple orders in other groups. It's extremely high as of right now. I expect the second half to be real exciting for the transdermal units. Now some of the applications, we've got one study that was complete, with a paper presented at the Hawaii meeting, and that was with Dr. Nestor, who did the hyperhidrosis for the sweat glands. We have several other customers that are also anticipating being able to treat their patients for that. We have one that we're not prepared to say but was already shipped in the third quarter. We have Dr. Ablon, who is working very, very closely with Crown Aesthetics using their PRP serum for hair restoration. That's an exciting program as well. She presented for a facial rejuvenation at the last Vegas aesthetic show with a live patient, which was very, very strongly attended. There was a lot of interest raised there. You know, it's an exciting product, and I think that the advertising and the marketing that we're doing with regard to that and the word of mouth that it's going from one doctor to the other. I mean, being able to provide these patients with these services without the pain, without the lidocaine, all of these features again provides customers with better productivity and patients with less pain and no downtime. It's gonna encourage a lot more patients to come into their offices to be treated for these things because it's important to them. It's exciting. Okay, great. Then just lastly, you know, on the strong results for the last couple of quarters, partly, you know, due to the increased reimbursement, as well as, you know, more data that shows the benefits of SRT. But one of the things you pointed out was also the ability for physicians to instead of purchasing the capital equipment is to take you up on the fair market value lease. What percent of the 35 total systems were or what the number was that were either purchased or delivered through a fair market lease? I know your salespeople have a, I'm sure, a slide deck that shows the return on investment, the ROI necessary, how many patients do they need to treat to break even on the monthly payment for the fair market lease? The break even is just under two patients a month. Two patients a month. One-third of the sales that we made in the second quarter were with fair market value lease. The rest was cash. Okay. Okay, great. All right. Thanks very much. I will jump back in the queue. Thank you. Thank you very much, Anthony. Thanks, Anthony. Once again, that's star one if you do have a question or comment. Our next question comes from Yi Chen from H.C. Wainwright. Please go ahead. Hey, congratulations, everyone. This is Chase on behalf of. Thank you, Yi. you, Yi. Thank you. Sure. I'm Chase on behalf of Yi Chen. Luckily, you've already answered most of my questions that I had, so I'll just keep it very short. When it comes to the SRT systems, have your sales reps started finding it easier to have one-on-ones with dermatologists and have more face time with them considering the recent environment? I know that you've given a lot of color, and thanks for providing information on the rise in the inquiries from patients following your PR program. I was wondering if you could also provide some color on, you know, potential revenue increase thanks to your ongoing marketing efforts and also the recent reimbursement news. Sure. Well, I'll just say this, it's never easy to get face-to-face with any of the doctors. It's always a battle. It's always tough because their time is very important to them, and they're seeing a whole lot more patients than they've ever had in the past. They're extremely busy. We have to see them whenever we have the opportunity. The good thing is that the word is getting out so that they wanna see us, and therefore, they're encouraged to try to find time to meet with us. That's the good thing, but it's always a difficult thing because of the way their practice is built. With regard to the PR and the advertising, we continue to reinvest into that part of our business. We think that it's an investment well done because of the patient awareness program as we now start to provide patients with information regarding where they can get these treatments and understanding that they do have an option versus surgery. A lot of the patients that are coming to us, they're coming to us because they're not given an option by some of the doctors who are only telling them that they should have surgery. When they find out that there's an option, they come to our website, they fill out the form, and we are able to get back to them with the interest, and they're so thrilled to talk to a doctor that might be doing both. That's what I would suggest to all of the Mohs surgeons out there. You can't be a one-armed bandit in this thing. You've gotta be able to provide patients with the choices that they're looking for. I think the doctors gonna be able to provide those skin cancer patients with those choices are the ones that are gonna win out in the end. They're gonna win the battle for the patient. We're seeing an increased interest of the patient. That's what we wanna do. We wanna provide them with that information and education, and we're gonna continue to build on that, and we'll do whatever we can to make more patients aware all the time. Excellent. Thank you so much. Lastly, on the TransDermal Infusion systems, could you perhaps summarize the feedback that you have gotten so far from the stakeholders that have used it? Also, I know you've provided some color, but what are your plans with it for the next, you know, what are the commercial plans for the next year or so? Thank you. I'll give you an example. We had employees witness a patient for the sweat glands, witness a patient being treated at Dr. Shino Bay's clinic down in Fort Lauderdale, Florida. He's a very, very popular physician among his patients. He has a tremendous following. They decided to be able to transport the serum in through his armpits, whereas before you had to inject with the needle, and you had to provide lidocaine in order to make sure that there was no pain because this is multiple needles in both armpits to help this patient with the sweat glands. After he went through the process and experienced the process, he looked at the physician, he said, "Why aren't we doing this all the time?" The patient, you saw it right away that they preferred to have the treatment without the needles. I think that we're going to see that happen more often, where patients are gonna be more encouraged to go to a physician's office when the physician is able to provide them with a no pain treatment, as well as not just no pain, but being able to say to the patient, you can live your life. You don't have to change your schedule. You don't have to stop doing this or that because of all these injections and because of the pain. We're also experiencing the same thing with hair restoration. Because of the fact that you're not sticking thousands of needles into a scalp, which is extremely painful, now you're gonna have patients that are gonna say, "Hey, I want more of this. I wanna do it on an ongoing basis," because it is something that they have to do ongoing in order to maintain the hair restoration growth over the course of their lifetime. These are all exciting procedures for patients and for the doctors to be able to administer. Again, no pain, all gain, and a normal life for the patient. Awesome. Thank you so much. That was very comprehensive and, congratulations again on the tremendous progress. Thank you so much. Appreciate it very much. Thank you. Thank you. We ran out of time for questions. I'd like to turn the floor back over to Mr. Sardano for closing remarks. Okay. Thank you, and I appreciate everybody's remarks and questions. I wanna thank you once again for your time this afternoon and for your interest in Sensus Healthcare. We look forward to our next financial results conference call when we report our third quarter results in early November. Until then, be well, everybody. Thank you so much. Thank you. Ladies and gentlemen, this does conclude today's teleconference. We thank you for your participation. You may disconnect your lines at this time, and have a great day.