Ann: June 2020 Quarterly Activities Report, page-3

I do not see a problem if they achieve their forecasts. They just raised $2 million and the July 6 presentation predicted 2021 40% revenue growth (on $16 million) or $22.5 million and a gross profit margin of 35%.

So gross profit would rise from $5.2 million in 2020 to $8.6 million in 2021. They were already at cash break even last year, after deducting one off inventory costs.

So the extra cash flow and the issue should provide over $5 million, which seems enough to cover interest and debt repayments ($2.4 million?) and any capital spending which should be less this year than last when it was $1.8 million.