I bet JL will say they invoiced the customer for $4M in Dec, so technically they will have met revenue guidance. When that cash is received is another story. Also, the estimated $1M of product manufacturing costs for Jan-Mar is interesting - will be intriguing to see what sort of gross margin this implies for the business - my guess is somewhere north of 70%.
Ann: Appendix 4C Quarterly Cashflow Report (Oct - Dec 2019), page-34
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