Wang Gand - Pudu, page-103

"Sales Order Fulfilment Update
In FY2023, we have achieved a significant milestone by successfully fulfilling and delivering 75% of the orders received from
Tritium Pty Ltd. This accomplishment translates to a total order value approaching 15 million USD. This aligns seamlessly with
our announcement on 9 February 2022, where we disclosed an order value of approximately 20 million USD.
Furthermore, within the same financial period, we have realized a remarkable achievement by fulfilling 37% of the orders for
the RT22 product from I-Charging Mobilidade Electrica SA (‘I-Charging’), amounting to a total order value of approximately 8
million USD. This achievement is in direct correspondence with the details outlined in our ASX announcement from 16
November 2022, which pertained to the Purchase Order received from I-Charging, with a total order value of 22 million USD."

As at June 30 2023, the tritium order had 25% remaining.

Why use total liabilities? it includes lease payments and payables and employee payments that are due in 2025 and 2026.
$9.6 million of trade payables are customer deposits... in other words, money paid to RFT in exchange for a service or goods. On delivery of inventory to customer, those payables disappear.