We remain encouraged by the trajectory of Spatial consumables: customers appear to have continued increasing utilization and running more expensive experiments in 4Q. Meanwhile, Single Cell consumables revenue returned to growth this quarter following the introduction of lower-priced products earlier this year. That said, it remains unclear how much the Scale acquisition contributed to Single Cell consumables revenue this quarter. While U.S. A/G funding headlines appear to have stabilized and the preliminary 4Q results look decent, we think it will take more time for underlying behavior in the A/G market to improve. As a result, we would want to see a few more quarters of solid performance before becoming more constructive on the name.