diff --git a/README.md b/README.md
index 9757c3ec..f1c40c55 100644
--- a/README.md
+++ b/README.md
@@ -2,13 +2,22 @@
[](https://github.com/cdr/coder-cli/releases)
[](https://pkg.go.dev/cdr.dev/coder-cli/coder-sdk)
-
-[](https://goreportcard.com/report/cdr.dev/coder-cli)
`coder` is a command line utility for Coder.
To report bugs and request features, please [open an issue](https://github.com/cdr/coder-cli/issues/new).
+## Code
+
+As of v1.24.0, the Coder CLI is closed source. The code in this repo will remain
+as it was when closed on 20 October 2021. We will continue to use issues and
+releases for the time being, but this may change.
+
+We recommend using the SDK included in this repo until we publish the new Go SDK
+that's currently in progress.
+
+We will not accept any further pull requests.
+
## Installation
### Homebrew (Mac, Linux)
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