I told the audience that so far Jolla has had two yoo- death valleys, one in the very beginning in when we lost our whole technology platform, the basis for our first smartphone. The second death valley was later in when the Jolla smartphone was not selling as anticipated and its technology was aging. Last week we had to make the difficult decision to temporarily lay-off most of our people and apply for debt restructuring, which is a Finnish program similar to Chapter These actions are hopefully only temporary as we aim to finalize the delayed financing round. Jolla is now fighting for its survival. The key thing in this fight is that we succeed in our December financing round. If we do so, also the Tablet project can be resolved. Many of you have been rightfully asking, where did our tablet money go? Below is an analysis of it in a simple graph. As Ylu have said in earlier blogs, hardware is the easy part, software is the king and the beast.