You don't value a company based on revenue mate. You base it on profit, which even if they manage to get $10M in revenue then it's likely they will only just be breaking even (or even running at a loss) based on the current burn rate. I did really well out of this last year but sold in Dec after the second raise. Last year the SP rose due to the potential but it has been falling due to the lack of traction and revenue.
I think there will be another raise sometime this year as the $$$ aren't coming in yet and it looks like costs will be going up not down. The chart is clearly in a downtrend so I'm steering clear until it can find a decent base again. You would do well to wait if you are considering an entry IMO.
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