Relative to the current cost estimate, actual construction costs for MSG Sphere at The Venetian incurred through March 31, 2020, were approximately $349,000, which is net of $65,000 received from Las Vegas Sands Corp. during the nine months ended March 31, 2020. In addition, the amount of construction costs incurred as of March 31, 2020, includes approximately $67,600 of accrued expenses that were not yet paid as of that date. As with any major construction project, the construction of the MSG Sphere is subject to potential unexpected delays, costs or other complications.