I know another large IaaS that has done 10x more revenue in one quarter. These lease costs are ridiculous and continue to grow. Unless they land a contract that's doing $500k a month recurring this is going nowhere. I do see many new recruited staff on linked in and their staffing costs are rising. Let's hope they get revenue as at this rate there's another CR coming in 12 months.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2
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