We hosted Axon management—Josh Isner, president—as he described the nature of the company’s business and recent events at Stock Conference. Highlights from the conference are as follows: Axon framed its evolution from TASERs to body cameras to evidence.com as a platform expansion story, with each hardware product creating more data, workflow complexity, and software opportunity that now feeds into a broader ecosystem of connected devices, evidence management, real-time operations, and AI. AI is a major incremental product category with more than $750 million of AI Era Plan bookings last year, 140% AI bookings growth, and AI product revenue up over 700%; this supports our view that AI is becoming a standard part of large public safety technology purchases.