Ann: Market Update - Cash Burn and R&D Tax Incentive, page-36

I don't see the confusion around this.

I read dropping expenses down to $1.2m per 1/4 and cash flow breakeven by close of CY 2019 for monitoring business.

The latest announcement states they have gotten down to this level of burn, but reading between the lines sets the expectation that the expense for this quarter will not be $1.2m, as they only achieved that milestone at the beginning of June.

So we should probably expect $1.8-2.8m expense this quarter on the Ohm side of business.

The guy has given guidance of cash flow even at the end of the year, he needs to update that is he knows it is not achievable.