Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2

Let's do some quick and rough math.

$1.553M burn for the quarter. Thats about $518k burn per month.

With record number of sales (3 contractors contributing about $9k/m each = $27800/m) and 8 upsells (contributing about $1500/m each = $12,000/m).

So the total revenue growth in a record month is $27,800 + $12,000 = $39,800 /m growth divided by $518k/m burn = 13 months to close the burn gap.

There is no chance they can survive unless they cut costs dramatically or try to raise cash under duress around (or well before) christmas. Yeah they might get a big R&D cheque - but thats just 4 more weeks burn. If they cut costs, they will struggle to onboard and service their new customers with reduced headcount.

Shareholders should prepare for some serious dilution, or worst case - customer churn and even potentially insolvency if things don't go to plan in the next few months.