Thank you for the question.
The way our fee structure works, we have a flat fee, a fee schedule. The investment banks or the issuers bring us transactions and we give them the flat fee schedule. If anything, the prices are sometimes negotiated down—not up, they're never negotiated up. So we go down, and we try to have consistency. We try to charge everyone the exact same price and to be competitive and fair in that regard.
We're a private company. We don't have quarterly earnings targets to meet. It's been private since its inception in 1976. Accountants are, through the private company.... I think the ownership would be better suited to talk about the accountants and accounting, but the fees are basically paid in two forms off the flat fee. You have two options: you can either pay a flat fee and just issue as much as you want under that, or you can do it à la carte, meaning that every time you issue a security, a fixed fee is charged.