Question-and-Answer Session
Operator
Thank you, sir. (Operator Instructions). We will take our first question from Mike Crawford.
Mike Crawford - B. Riley & Company
Thanks, from B. Riley & Company. You mentioned you had another Q1 OEM that you are shipping that you got design win for Aristos, does that?
Sundi Sundaresh
What was the question, Mike?
Mike Crawford - B. Riley & Company
Your second design win that you are shipping to for Aristos?
Sundi Sundaresh
Yes.
Mike Crawford - B. Riley & Company
You said that you are shipping in low volumes now?
Sundi Sundaresh
Correct.
Mike Crawford - B. Riley & Company
When is that going to be high volumes?
Sundi Sundaresh
Well, that depends on the economy. I think in Mary’s comments, she did indicate that we expect the ramp given the current economy towards the end of the calendar year in aggregate.
Mike Crawford - B. Riley & Company
Okay, so it's not a function of it's kind of sampling to see if it works. It's just more of a function of the economy, you are saying?
Sundi Sundaresh
It's really a function of the economy.
Mike Crawford - B. Riley & Company
Okay, great. You also said you rolled off some more legacy inventory. How much did you write-off and how much is left?
Mary Dotz
Yes, actually we did write-off some of our legacy inventory but we haven't disclosed the exact amount. We wrote-off what was appropriate based on our inventory levels and the expected amount of inventory required going forward. So, we were in a comfortable position at the end of the quarter with our inventory levels.
Mike Crawford - B. Riley & Company
I am sorry, was it excess inventory that you wrote-off? Or was it lower?
Mary Dotz
It was some of the excess inventory.
Mike Crawford - B. Riley & Company
I see. Okay and then also you guys filed a 13D regarding your purchase of 152,000 shares a hyphen. Can you talk about what your strategy is there?
Sundi Sundaresh
I think we made our position clear in the 8-K that we filed with it I will refer you to that.
Mike Crawford - B. Riley & Company
Okay. Alright. Thank you.
Mary Dotz
Thanks Mike.
Operator
Our next question comes from Brian Freed.
Brian Freed - Morgan Keegan
Hey, guys. Thanks for taking my call. A real quick, you guys are definitely in a good position given your cash balance, things look much more attractive, but as we think about you guys going forward and your strategy with Aristos. But you are giving lot of direction to your road map, do you still see yourself as primarily a storage-centric semiconductor components company or would you consider shuttering your existing business and totally changing the road map becoming an entirely different company all together?
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