2025: three customers, 43, 13, 12 percent of revenue. The 43 percent — a related party, most likely SK ecoplant. Oracle under 12 percent, not top three, emerging hyperscaler not the concentration. We frame the widening base as the answer: more than half our data center backlog from other hyperscalers, neoclouds, colocation providers. Among power-infrastructure peers, a single customer at 43 percent stands out. Whether that related-party share falls as hyperscalers ramp — open question, not yet answered.