My opinion is the 4c from a HP deal point of view is relatively meaningless as we already have a tight range of outcomes.
We already know Nuheara has fairly limited capital of around $10m of which at least half of that is required to fund operating cash burn, capitalised r&d, and Max manufacturing. So the figure the HP deal whether it's $1m or $4m in product doesn't seem to be a big swing factor in the long run.
Upcoming 4C estimations, page-103
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