23 in the US is better than I expected, but as you say it's to existing customers, therefore its not entirely clear if this is green shoots or a one off.
The SP won't rise with another 3 months of silence and $6million cash burn. 15% dilution would be approx ~$20million. I say raise now and get it done.
IPD Price at posting:
7.0¢ Sentiment: Hold Disclosure: Held
