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Dollars) Loss before income tax increased by $0.9 million (4%) for the second quarter of FY2017 compared with the second quarter of FY2016. This overall increase in loss before income tax was primarily impacted by non-cash items that do not affect our cash reserves. From August 2016, the Company executed a range of cost reduction initiatives in order to offset the incremental costs of the MPC-150-IM program in FY2017. Progress on these initiatives is explained above in the Financial Results for the Six Months Ended 31 December 2016 (the half-year). The main items which impacted the loss before income tax movement were as follows: Revenues were $0.6 million for the second quarter of FY2017 compared with $4.0 million for the second quarter of FY2016, a decrease of $3.4 million. This decrease was due to a decrease in a non-cash item. This non-cash item was deferred revenue recognized in the second quarter of FY2016 related to our MPC-150-IM product. Research and Development expenses were $15.0 million for the second quarter of FY2017 compared with $12.5 million for the second quarter of FY2016, an increase of $2.5 million. This $2.5 million increase was driven by increased costs for our MPC-150-IM product. Manufacturing Commercialization expenses were $3.8 million for the second quarter of FY2017 compared with $8.1 million for the second quarter of FY2016, a decrease of $4.3 million as we had sufficient clinical grade product on hand to enable us to manage costs by reducing the number of production runs in the period. Management and Administration expenses were $4.9 million for the second quarter of FY2017 compared with $5.7 million for the second quarter of FY2016, a decrease of $0.8 million. This decrease was primarily due to a savings in labour and associated adjustments to short term incentive costs, a reduction in consultancy expenses and a reduction in rent and other office expenses as management reduced costs in line with our corporate strategy.