Thomas Sullivan
Interim CFO & Chief Accounting Officer at Repay
As of June 30, we had approximately $163,000,000 of cash on the balance sheet with access to $250,000,000 of undrawn revolver capacity for a total liquidity amount of $413,000,000 Repay's net leverage was approximately 2.5 times. Total outstanding debt of $507,500,000 is comprised of a $220,000,000 convertible note due in February 2026 with a 0% coupon and a $287,500,000 convertible note due in 2029 with a 2.875% coupon. During the second quarter, we were active in buying back shares under our share repurchase program as we repurchased approximately 4,800,000.0 shares for $23,000,000 In addition, we repurchased another $15,000,000 for a total of $38,000,000 and 7,900,000.0 shares year to date. As of August 7, we had approximately 91,300,000.0 fully diluted shares outstanding with $23,000,000 remaining under our existing share repurchase program. I'll now turn the call back over to the operator to take your questions. Operator?