Didn't they say they revenue would cover operating costs by q1 next year???
They have no chance! IMO
Won't take much to become cash flow positive. Cash loss for June quarter was just over $500K. Expenses were around $680K. Forecast outflow for September quarter was $700K . 2-3% royalty on $50 wholesale price. $1 to $1.50 per unit. Require 500K-750K of product to sell to get there. I wouldn't say it's inconceivable.
agm, page-30
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