Ann: Atomo H1 FY23 Results Presentation, page-7

I have to agree it is a most disappointing company who has clearly had enough time to commercialise to a profitable state but has eaten through ~$23m since 2020. John Kelly is on an astronomical remuneration package given the woeful performance and should cut his wages at least in half as should Will Souter who really has a basic book keeper role. He/John has enough shares to give him incentive to succeed without needing anymore incentives.
Its a company that just cannot commercialise with products and services that no one wants to buy at a profit. Every distribution arrangements has been weak and or failed which says it all about the business accument of the key executives.
This company must be doing $10-15m a quarter not $900k a year with a one off order. 6 months then d-day unless a material improvement occurs