Webinar, page-108

This stock seems interesting. I was recently gifted LIFX lights and just finished setting them up. Very satisfied with the product so far.

Whilst the product seems great, for a company that has no recurring revenue and at a loss, why is it valued at $30m?

Do they need to invest much more to produce more or are the overheads sufficient to facilitate enough growth to break even cashflows? It looks to me they may need to raise money soon.