NASDAQ:SNYR Synergy CHC Q1 2025 Earnings Report $2.43 -0.07 (-2.80%) As of 06/27/2025 04:00 PM Eastern ProfileEarnings HistoryForecast Synergy CHC EPS ResultsActual EPS$0.10Consensus EPS $0.07Beat/MissBeat by +$0.03One Year Ago EPSN/ASynergy CHC Revenue ResultsActual Revenue$8.17 millionExpected Revenue$9.03 millionBeat/MissMissed by -$860.00 thousandYoY Revenue GrowthN/ASynergy CHC Announcement DetailsQuarterQ1 2025Date5/15/2025TimeBefore Market OpensConference Call DateThursday, May 15, 2025Conference Call Time9:00AM ETConference Call ResourcesConference Call AudioConference Call TranscriptPress Release (8-K)Quarterly Report (10-Q)Earnings HistoryCompany ProfilePowered by Synergy CHC Q1 2025 Earnings Call TranscriptProvided by QuartrMay 15, 2025 ShareLink copied to clipboard.Key Takeaways Synergy delivered a 30% growth in earnings per share year-over-year—their ninth consecutive profitable quarter—with EBITDA margins expanding to 24.1% from 19.7%, reflecting strong cost discipline. First-quarter net revenue declined 13% to $8.2 million versus $9.4 million a year ago, driven by the absence of a one-time sell-in, while cash and equivalents fell to $178,000 at quarter end. International expansion is underway with a three-year UAE license for the Focus Factor brand (revenue starting Q4), a new Mexican subsidiary targeting Costco and Walmart (revenue early Q3), and planned Costco-led launches in Australia and Taiwan in Q4. RTD beverage business gained momentum—hiring a seasoned industry veteran, adding over 400 Canadian convenience stores, and securing nearly $1 million in Amazon purchase orders in Q2, with full rollout expected in the back half of the year. Synergy has two term sheets in place to refinance debt, extend maturities into 2029, and defer over $10 million of principal payments in 2025, which should accelerate free cash flow. AI Generated. May Contain Errors.Conference Call Audio Live Call not available Earnings Conference CallSynergy CHC Q1 202500:00 / 00:00Speed:1x1.25x1.5x2xTranscript SectionsPresentationParticipantsPresentationSkip to Participants Operator00:00:00Good morning, everyone, and thank you for participating in today's conference call to discuss Synergy CAC Corporation's Financial Results for the First Quarter Ended 03/31/2025. Joining us today are Synergy CEO, Jack Ross CFO, Jamie Fickett and Greg Robles with Investor Relations. Following their remarks, we'll open the call for analyst questions. Before we go further, I would like to turn the call over to Mr. Robles as he reads the company's safe harbor statement. Greg, please go ahead. Greg RoblesSenior Associate at Gateway Group00:00:34Thanks, Marvin. Good morning, and thanks for joining our conference call to discuss our first quarter twenty twenty five financial results. I'd like to remind everyone that this call is available for replay and via a live webcast that will be posted on our Investor Relations site at investors.synergychc.com. The information on this call contains forward looking statements. These statements are often characterized by terminologies such as believe, hope, may, anticipate, expect, will, and other similar expressions. Greg RoblesSenior Associate at Gateway Group00:01:07Forward looking statements are not guarantees of future performance, and the actual results may be materially different from the results implied by forward looking statements. Factors that could cause results to differ materially from those implied herein include, but are not limited to, those factors disclosed in the company's SEC filings under the caption Risk Factors. The information on this call speaks only as of today's date, and the company disclaims any duty to update the information provided herein. Now, I would like to turn the call over to the CEO of Synergy, Jack Ross. Jack? Jack RossChief Executive Officer and Chairman at Synergy CHC00:01:42Good morning, everyone. Thank you for joining us today to discuss Synergy's performance for the first quarter of twenty twenty five. We are very pleased to report a 30% growth in earnings per share year over year, marking our ninth consecutive quarter of profitability. Additionally, we have expanded our EBITDA margins significantly to 24.1% compared to 19.7% in the prior period. This performance highlights the strength of our operating model and the ongoing discipline around cost management. Jack RossChief Executive Officer and Chairman at Synergy CHC00:02:18Before we get into the results, I want to highlight a few exciting business developments that the team has been working diligently on. First, as an update on our international expansion. We have entered into a three year license agreement for the Focus Factor brand with a company in The United Arab Emirates, which allows Focus Factor to expand its global reach. We expect the licensee and their designated territory to begin generating revenue by the fourth quarter. Looking ahead, we plan to expand our global presence by adding new licensees in selected markets where Synergy does not currently operate and does not intend to establish a direct footprint. Jack RossChief Executive Officer and Chairman at Synergy CHC00:03:06Additionally, we have incorporated a wholly owned subsidiary in Mexico and we are working on onboarding our manufacturing partners and customers, which includes Costco and Walmart. We expect this initiative to start generating revenue early in the third quarter. We still intend to open Australia and Taiwan markets early in the fourth quarter with Costco being the lead customer for both regions. Second, I would like to provide an update on our RTD beverage progress. We have hired an industry veteran with over ten years of experience in the beverage and convenience store industry. Jack RossChief Executive Officer and Chairman at Synergy CHC00:03:48He is set to join our team on May 26. We expect him to add significant growth to our beverage business starting almost immediately. Since our last call in March, we now have opened more than 400 additional convenience stores in Canada, doing business with Metro, En route, INS markets to name a few. Moving forward, we will continue to grow our Canadian and US convenience store business for our RTD beverages. We are pleased to report that during the second quarter, we received nearly $1,000,000 of purchase orders from Amazon for our RTD products. Jack RossChief Executive Officer and Chairman at Synergy CHC00:04:28These orders represent strong momentum through the second quarter. We expect to be in full rollout mode with Amazon and other major retailers in the back half of the year. Third, we have entered into a long term supplier agreement for Focus Factor products, which will have significant cost saving benefits to Synergy. This arrangement has changed our capital needs from Synergy buying and owning the inventory for the Focus Factor brand to the supplier now owning the inventory and shipping directly to our customers. Lastly, we also have entered into two term sheets to refinance our debt that we expect to close as soon as possible, which is expected to accelerate free cash flow in the business in the near term and extend our debt maturity date into 2029. Jack RossChief Executive Officer and Chairman at Synergy CHC00:05:25With the terms that are currently being presented, this refinancing will alleviate more than $10,000,000 of principal payments in 2025. Before passing the call over to Jamie, I want to touch briefly on tariffs as we know this evolving situation is on top of the mind of all investors. Synergy purchases all its products from suppliers in their representative countries, meaning all products sold within a country are produced in that country. While we may see some impact from tariffs on certain ingredients, we do not expect to have any material impact on our business. With those updates, I'd like to turn the call over to our Chief Financial Officer, Jamie Fickett. Jamie? Jaime FickettCFO at Synergy CHC00:06:14Thank you, Jack. I'll now review our financial results. For the first quarter of twenty twenty five, net revenue was $8,200,000 compared to $9,400,000 in the year ago quarter, reflecting a 13% decrease year over year. This decline was primarily driven by a one time sell in to one customer during 2024 that did not repeat in 2025. Gross margin for the first quarter was 75.4% compared to 72% in the same quarter last year. Jaime FickettCFO at Synergy CHC00:06:46The increase in gross margin was primarily driven by a favorable product mix. Operating expenses for the first quarter were $4,200,000 compared to $5,000,000 in the year ago quarter. The decrease of 15% in operating expenses reflects our ongoing focus on managing costs effectively while continuing to invest in key growth initiatives. Income from operations was $1,900,000 an increase of 8% compared to $1,800,000 in the first quarter twenty twenty four. Net income for the first quarter was $876,000 or $0.10 per diluted share compared to $580,000 or $08 per diluted share in the year ago quarter. Jaime FickettCFO at Synergy CHC00:07:29This represents a 30% increase in earnings per share year over year, reflecting the successful execution of our strategic growth initiatives and cost management. EBITDA for the first quarter was $1,980,000 compared to $1,850,000 in the first quarter of twenty twenty four, up 7%. Moving to our balance sheet. As of 03/31/2025, we had cash and cash equivalents of $177,900 compared to $687,900 as of 12/31/2024. Inventory was $2,300,000 at the end of the first quarter compared to $1,700,000 at the December. Jaime FickettCFO at Synergy CHC00:08:09At 03/31/2025, we had $31,300,000 in total liabilities, which compares to $33,000,000 in total liabilities at 12/31/2024, which is a decrease of $1,700,000 in the first quarter. For the three months ended 03/31/2025, our cash used in operating activities was $823,000 compared to cash used in operating activities of $858,000 at 03/31/2024. The decrease was primarily attributable to an increase in inventory and a decrease in accounts payable and accrued expenses offset by a decrease in receivables. Now I will turn the call back over to the operator. Operator00:08:52Thank you. At this time, we'll conduct a question and answer session. And our first question comes from the line of Sean McGowan of Roth Capital Partners. Please proceed. Sean McGowanMD & Senior Research Analyst at Roth Capital Partners, LLC00:09:21Good morning. Thanks for taking the questions. My first question would be on RTD beverage. So how much was in the quarter and kind of what are the plans for the rollout for the remainder of the year? Jack RossChief Executive Officer and Chairman at Synergy CHC00:09:37Yes, Sean, Thank you for the question. So if you sort of look at synergies budget, we didn't have really anything planned for the first quarter. We did $30,000 of RTD revenue in the first quarter. In the second quarter, with what's happened already with Amazon, we expect to do about $2,000,000 Sean McGowanMD & Senior Research Analyst at Roth Capital Partners, LLC00:09:58Okay. And in terms of kind of geographic territories and other distribution channels, what's the plan for the balance of the year? Jack RossChief Executive Officer and Chairman at Synergy CHC00:10:08For RTDs? Sean McGowanMD & Senior Research Analyst at Roth Capital Partners, LLC00:10:10Yeah, yeah, in terms of adding new stores and new customers. Jack RossChief Executive Officer and Chairman at Synergy CHC00:10:14Yeah, primarily just in Canada and The US at this point, and nothing's changed from you know, the major customers that we are targeting, meaning convenience stores, obviously, we're gonna go back to Costco and the rest of the retailers that we already have in our system that we sell our current bills to. Sean McGowanMD & Senior Research Analyst at Roth Capital Partners, LLC00:10:37Okay. And then a question on expenses. So the job there. They came in below, where I thought, but would you say this G and A level is going to rise through the year? Is this, something we should expect to see consistently through the year? Jack RossChief Executive Officer and Chairman at Synergy CHC00:10:55So Jack RossChief Executive Officer and Chairman at Synergy CHC00:10:57G and A, we will have a couple of headcount, ads, if you will, to G and A, but I think it'll be, you know, as a percentage, it will probably be pretty flat. Sean McGowanMD & Senior Research Analyst at Roth Capital Partners, LLC00:11:11Okay. And then my last question was, what was the licensing revenue that you booked in the first quarter there? Is that Is that something you've talked about before? Thought that was stuff that we would expect later in the year. Jack RossChief Executive Officer and Chairman at Synergy CHC00:11:25Yeah, so that's, as mentioned in my dialogue on the call here, we signed a licensee for The United Arab Emirates that we've received a fee for $1,500,000 for that territory, and we will pursue other territories that way that we don't plan on having a footprint ourselves in, if you will. So expanding our global reach, basically. Sean McGowanMD & Senior Research Analyst at Roth Capital Partners, LLC00:11:50So in the future, that for at least that particular contract that would be just based on the actual revenue. This is just sort of a startup fee. Jack RossChief Executive Officer and Chairman at Synergy CHC00:11:58That's correct. Sean McGowanMD & Senior Research Analyst at Roth Capital Partners, LLC00:11:59Okay. Jack RossChief Executive Officer and Chairman at Synergy CHC00:12:00In the fourth quarter, they got a bit of registration timeline, to start generating revenue, but we expect to generate start generating revenue in the fourth quarter. Sean McGowanMD & Senior Research Analyst at Roth Capital Partners, LLC00:12:10Okay. Thank you. Just one more clarification. Did you mention Australia and Thailand? Were those the two countries you expected? Jack RossChief Executive Officer and Chairman at Synergy CHC00:12:16Taiwan. Sean McGowanMD & Senior Research Analyst at Roth Capital Partners, LLC00:12:18Taiwan. Okay. Thank you. Thank Operator00:12:23you. At this time, I'm showing no questions. I'll now turn the call back over to Mr. Ross for closing remarks. Jack RossChief Executive Officer and Chairman at Synergy CHC00:12:39Thank you. We'd like to thank everyone for joining our earnings call, and we look forward to speaking with you when we report the second quarter results in August. Thank you. Operator00:12:51Ladies and gentlemen, this concludes today's teleconference. You may disconnect your lines at this time. Thank you for your participation.Read moreParticipantsExecutivesJack RossChief Executive Officer and ChairmanJaime FickettCFOAnalystsGreg RoblesSenior Associate at Gateway GroupSean McGowanMD & Senior Research Analyst at Roth Capital Partners, LLCPowered by Earnings DocumentsPress Release(8-K)Quarterly report(10-Q) Synergy CHC Earnings HeadlinesSynergy CHC Corp. (SNYR) Stock Price Today - WSJJune 24, 2025 | wsj.comSynergy CHC (NASDAQ:SNYR) Upgraded to "Buy" at Wall Street ZenJune 22, 2025 | americanbankingnews.com"I'm risking my reputation on this"Everything just changed. Senate passes the GENIUS Act 68-30. First major crypto bill in history. You have 48 hours. The next wave is building. Institutional money is flooding in. The regulatory walls just came down. | Crypto 101 Media (Ad)Synergy CHC (NASDAQ: SNYR) Expands FOCUSfactor® to UAE & Turkey — Ignites Global Growth and New Revenue StreamsJune 18, 2025 | finance.yahoo.comSynergy CHC Corp. Expands International Licensing Deal with Gravity Pharma to Include Turkey, Securing $2 Million in RevenueJune 18, 2025 | quiverquant.comQHere is What You Need to Know Before Investing in Synergy CHC Corp. (SNYR)June 18, 2025 | finance.yahoo.comSee More Synergy CHC Headlines Get Earnings Announcements in your inboxWant to stay updated on the latest earnings announcements and upcoming reports for companies like Synergy CHC? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Synergy CHC and other key companies, straight to your email. Email Address About Synergy CHCSynergy CHC (NASDAQ:SNYR) engages in the marketing and distribution of branded health and wellness products. 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PresentationSkip to Participants Operator00:00:00Good morning, everyone, and thank you for participating in today's conference call to discuss Synergy CAC Corporation's Financial Results for the First Quarter Ended 03/31/2025. Joining us today are Synergy CEO, Jack Ross CFO, Jamie Fickett and Greg Robles with Investor Relations. Following their remarks, we'll open the call for analyst questions. Before we go further, I would like to turn the call over to Mr. Robles as he reads the company's safe harbor statement. Greg, please go ahead. Greg RoblesSenior Associate at Gateway Group00:00:34Thanks, Marvin. Good morning, and thanks for joining our conference call to discuss our first quarter twenty twenty five financial results. I'd like to remind everyone that this call is available for replay and via a live webcast that will be posted on our Investor Relations site at investors.synergychc.com. The information on this call contains forward looking statements. These statements are often characterized by terminologies such as believe, hope, may, anticipate, expect, will, and other similar expressions. Greg RoblesSenior Associate at Gateway Group00:01:07Forward looking statements are not guarantees of future performance, and the actual results may be materially different from the results implied by forward looking statements. Factors that could cause results to differ materially from those implied herein include, but are not limited to, those factors disclosed in the company's SEC filings under the caption Risk Factors. The information on this call speaks only as of today's date, and the company disclaims any duty to update the information provided herein. Now, I would like to turn the call over to the CEO of Synergy, Jack Ross. Jack? Jack RossChief Executive Officer and Chairman at Synergy CHC00:01:42Good morning, everyone. Thank you for joining us today to discuss Synergy's performance for the first quarter of twenty twenty five. We are very pleased to report a 30% growth in earnings per share year over year, marking our ninth consecutive quarter of profitability. Additionally, we have expanded our EBITDA margins significantly to 24.1% compared to 19.7% in the prior period. This performance highlights the strength of our operating model and the ongoing discipline around cost management. Jack RossChief Executive Officer and Chairman at Synergy CHC00:02:18Before we get into the results, I want to highlight a few exciting business developments that the team has been working diligently on. First, as an update on our international expansion. We have entered into a three year license agreement for the Focus Factor brand with a company in The United Arab Emirates, which allows Focus Factor to expand its global reach. We expect the licensee and their designated territory to begin generating revenue by the fourth quarter. Looking ahead, we plan to expand our global presence by adding new licensees in selected markets where Synergy does not currently operate and does not intend to establish a direct footprint. Jack RossChief Executive Officer and Chairman at Synergy CHC00:03:06Additionally, we have incorporated a wholly owned subsidiary in Mexico and we are working on onboarding our manufacturing partners and customers, which includes Costco and Walmart. We expect this initiative to start generating revenue early in the third quarter. We still intend to open Australia and Taiwan markets early in the fourth quarter with Costco being the lead customer for both regions. Second, I would like to provide an update on our RTD beverage progress. We have hired an industry veteran with over ten years of experience in the beverage and convenience store industry. Jack RossChief Executive Officer and Chairman at Synergy CHC00:03:48He is set to join our team on May 26. We expect him to add significant growth to our beverage business starting almost immediately. Since our last call in March, we now have opened more than 400 additional convenience stores in Canada, doing business with Metro, En route, INS markets to name a few. Moving forward, we will continue to grow our Canadian and US convenience store business for our RTD beverages. We are pleased to report that during the second quarter, we received nearly $1,000,000 of purchase orders from Amazon for our RTD products. Jack RossChief Executive Officer and Chairman at Synergy CHC00:04:28These orders represent strong momentum through the second quarter. We expect to be in full rollout mode with Amazon and other major retailers in the back half of the year. Third, we have entered into a long term supplier agreement for Focus Factor products, which will have significant cost saving benefits to Synergy. This arrangement has changed our capital needs from Synergy buying and owning the inventory for the Focus Factor brand to the supplier now owning the inventory and shipping directly to our customers. Lastly, we also have entered into two term sheets to refinance our debt that we expect to close as soon as possible, which is expected to accelerate free cash flow in the business in the near term and extend our debt maturity date into 2029. Jack RossChief Executive Officer and Chairman at Synergy CHC00:05:25With the terms that are currently being presented, this refinancing will alleviate more than $10,000,000 of principal payments in 2025. Before passing the call over to Jamie, I want to touch briefly on tariffs as we know this evolving situation is on top of the mind of all investors. Synergy purchases all its products from suppliers in their representative countries, meaning all products sold within a country are produced in that country. While we may see some impact from tariffs on certain ingredients, we do not expect to have any material impact on our business. With those updates, I'd like to turn the call over to our Chief Financial Officer, Jamie Fickett. Jamie? Jaime FickettCFO at Synergy CHC00:06:14Thank you, Jack. I'll now review our financial results. For the first quarter of twenty twenty five, net revenue was $8,200,000 compared to $9,400,000 in the year ago quarter, reflecting a 13% decrease year over year. This decline was primarily driven by a one time sell in to one customer during 2024 that did not repeat in 2025. Gross margin for the first quarter was 75.4% compared to 72% in the same quarter last year. Jaime FickettCFO at Synergy CHC00:06:46The increase in gross margin was primarily driven by a favorable product mix. Operating expenses for the first quarter were $4,200,000 compared to $5,000,000 in the year ago quarter. The decrease of 15% in operating expenses reflects our ongoing focus on managing costs effectively while continuing to invest in key growth initiatives. Income from operations was $1,900,000 an increase of 8% compared to $1,800,000 in the first quarter twenty twenty four. Net income for the first quarter was $876,000 or $0.10 per diluted share compared to $580,000 or $08 per diluted share in the year ago quarter. Jaime FickettCFO at Synergy CHC00:07:29This represents a 30% increase in earnings per share year over year, reflecting the successful execution of our strategic growth initiatives and cost management. EBITDA for the first quarter was $1,980,000 compared to $1,850,000 in the first quarter of twenty twenty four, up 7%. Moving to our balance sheet. As of 03/31/2025, we had cash and cash equivalents of $177,900 compared to $687,900 as of 12/31/2024. Inventory was $2,300,000 at the end of the first quarter compared to $1,700,000 at the December. Jaime FickettCFO at Synergy CHC00:08:09At 03/31/2025, we had $31,300,000 in total liabilities, which compares to $33,000,000 in total liabilities at 12/31/2024, which is a decrease of $1,700,000 in the first quarter. For the three months ended 03/31/2025, our cash used in operating activities was $823,000 compared to cash used in operating activities of $858,000 at 03/31/2024. The decrease was primarily attributable to an increase in inventory and a decrease in accounts payable and accrued expenses offset by a decrease in receivables. Now I will turn the call back over to the operator. Operator00:08:52Thank you. At this time, we'll conduct a question and answer session. And our first question comes from the line of Sean McGowan of Roth Capital Partners. Please proceed. Sean McGowanMD & Senior Research Analyst at Roth Capital Partners, LLC00:09:21Good morning. Thanks for taking the questions. My first question would be on RTD beverage. So how much was in the quarter and kind of what are the plans for the rollout for the remainder of the year? Jack RossChief Executive Officer and Chairman at Synergy CHC00:09:37Yes, Sean, Thank you for the question. So if you sort of look at synergies budget, we didn't have really anything planned for the first quarter. We did $30,000 of RTD revenue in the first quarter. In the second quarter, with what's happened already with Amazon, we expect to do about $2,000,000 Sean McGowanMD & Senior Research Analyst at Roth Capital Partners, LLC00:09:58Okay. And in terms of kind of geographic territories and other distribution channels, what's the plan for the balance of the year? Jack RossChief Executive Officer and Chairman at Synergy CHC00:10:08For RTDs? Sean McGowanMD & Senior Research Analyst at Roth Capital Partners, LLC00:10:10Yeah, yeah, in terms of adding new stores and new customers. Jack RossChief Executive Officer and Chairman at Synergy CHC00:10:14Yeah, primarily just in Canada and The US at this point, and nothing's changed from you know, the major customers that we are targeting, meaning convenience stores, obviously, we're gonna go back to Costco and the rest of the retailers that we already have in our system that we sell our current bills to. Sean McGowanMD & Senior Research Analyst at Roth Capital Partners, LLC00:10:37Okay. And then a question on expenses. So the job there. They came in below, where I thought, but would you say this G and A level is going to rise through the year? Is this, something we should expect to see consistently through the year? Jack RossChief Executive Officer and Chairman at Synergy CHC00:10:55So Jack RossChief Executive Officer and Chairman at Synergy CHC00:10:57G and A, we will have a couple of headcount, ads, if you will, to G and A, but I think it'll be, you know, as a percentage, it will probably be pretty flat. Sean McGowanMD & Senior Research Analyst at Roth Capital Partners, LLC00:11:11Okay. And then my last question was, what was the licensing revenue that you booked in the first quarter there? Is that Is that something you've talked about before? Thought that was stuff that we would expect later in the year. Jack RossChief Executive Officer and Chairman at Synergy CHC00:11:25Yeah, so that's, as mentioned in my dialogue on the call here, we signed a licensee for The United Arab Emirates that we've received a fee for $1,500,000 for that territory, and we will pursue other territories that way that we don't plan on having a footprint ourselves in, if you will. So expanding our global reach, basically. Sean McGowanMD & Senior Research Analyst at Roth Capital Partners, LLC00:11:50So in the future, that for at least that particular contract that would be just based on the actual revenue. This is just sort of a startup fee. Jack RossChief Executive Officer and Chairman at Synergy CHC00:11:58That's correct. Sean McGowanMD & Senior Research Analyst at Roth Capital Partners, LLC00:11:59Okay. Jack RossChief Executive Officer and Chairman at Synergy CHC00:12:00In the fourth quarter, they got a bit of registration timeline, to start generating revenue, but we expect to generate start generating revenue in the fourth quarter. Sean McGowanMD & Senior Research Analyst at Roth Capital Partners, LLC00:12:10Okay. Thank you. Just one more clarification. Did you mention Australia and Thailand? Were those the two countries you expected? Jack RossChief Executive Officer and Chairman at Synergy CHC00:12:16Taiwan. Sean McGowanMD & Senior Research Analyst at Roth Capital Partners, LLC00:12:18Taiwan. Okay. Thank you. Thank Operator00:12:23you. At this time, I'm showing no questions. I'll now turn the call back over to Mr. Ross for closing remarks. Jack RossChief Executive Officer and Chairman at Synergy CHC00:12:39Thank you. We'd like to thank everyone for joining our earnings call, and we look forward to speaking with you when we report the second quarter results in August. Thank you. Operator00:12:51Ladies and gentlemen, this concludes today's teleconference. You may disconnect your lines at this time. Thank you for your participation.Read moreParticipantsExecutivesJack RossChief Executive Officer and ChairmanJaime FickettCFOAnalystsGreg RoblesSenior Associate at Gateway GroupSean McGowanMD & Senior Research Analyst at Roth Capital Partners, LLCPowered by