Neylan McBaine

So we had four times growth year over year, and we're expecting to at least double that this coming summer as well.

Yes.

Oh, sorry.

In 2014, we had 500 kids sign up.

In 2015, summer of 2015, we had 2000 kids sign up.

So last summer they were paying $199, and we've actually been able to get the price down to $149 for this coming summer.

We pay licensing fees to each one of our curriculum providers, which is why we have a price point of that size.

We also provide real-life adventure tools to the kids that we send them through the mail.

So that's where some of the...

the actual cost comes in on our side.

They had paid 199 last summer.

I mean 2015.

My head's already, you know, moving on.

We are introducing these two traditional school year semesters.

So as I mentioned, the spring semester will be starting in February.

We will be doing our summer semester again starting in June.

And then in the fall, we will have a fall semester starting in October.

So we feel with the three year-round semesters, we will be able to even out our revenue.

And this is different than the way we started our model.

We definitely started as a summer-only program.