I agree with your assessment. $500k would be impressive. Wave II, III, and IV are coming soon. I believe each of these will be a much bigger deal than Wave I. If 500k represents half of Wave I (no SK-II component yet) for one quarter, then one can easily imagine more than $10m/year from the 4 waves combined. That's with nothing else going on.
Even 200k to 300k in the next 4C will be respectable.
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