Thanks for that question.
I'll just very quickly preface my answer by saying that while I was introduced with an academic title, my day job is within a company called Magnet Forensics, a cybersecurity company out of Waterloo, Ontario. We're exporting to over 100 countries. I just wanted to give that context. We're an IP-intensive business.
Very quickly on your last question, I don't want to oversimplify this, but a catalogue would be helpful. Federal labs and university researchers are doing work in our space, a subset of cybersecurity called digital forensics. We've come across individual researchers in the federal lab system who tell us about incredible catalogues of digital forensic research, but you have to find the individual person. In our case it was in a lab in rural Quebec. It's very hard to evaluate them and, as a Canadian company, to put investments in to evaluate them when you don't know, practically speaking, what's out there. I think we could look at simple investments in catalogues of the extremely expensive IP that we've generated publicly in this country.
To your question about taxes, there's long been discussion of SR and ED reform in this country. Let's just look again at the incentive structures. Let's not be emotional. Let's be hyper-practical. Today we incentivize companies that are not profitable with a better tax credit than we give to those that are successfully commercializing the technologies they are developing through the SR and ED credit.
If I were incentivizing someone, I would pick those who have demonstratively been able to commercialize their technologies to create positive flywheels. In fact, the SR and ED tax credit today is the opposite. That's one example.