Great update, appears they're on track.
3,000 Pulses produced/delivered in Q1 FY25.
That's 3,000 x $50 x 12 months = $1.8mil ARR
Then 20,000 "people" pulse pre sales enquiries, lets just assume 1 device each to be conservative.
20,000 x $50 x 12 = $12mil ARR + $1.8mil as well.
30,000 chips ready to go, we are set.
They claim this is high margin revenue also, so, CDX could be on here. Interesting months ahead.
Ann: Cardiex Sales and Operations Update, page-3
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