Ann: $1.8 million U.S. Department of Defense Contract, page-9

I'll just drop this here...

	Back of the envelope DRO analysis		As at:	6/10/2022
1
2	Calendar Year 2022
3	30/6/2022	Half year customer revenue	$5,223,000		Including payments in advance
4		Less receipts relating to 2021	-$200,000
5	27/7/2022	US Government Agency (Repeat)	$500,000		Expected receipt September quarter
6	2/8/2022	R&D Tax Grant (non-customer)	$2,000,000		Received August
7	1/9/2022	Record European Order	$2,000,000		Majority to be received September quarter
8	4/10/2022	US Department of Defence	$1,800,000		Expected receipt prior to 31 December 2022
9				$11,323,000
10		Adjustments
11	31/12/2022	Australian Department of Defence	$600,000		$3.8M contract to be completed mid-2023
12		Assuming $1.8 still payable between Jan 2022 & Jun 2023
13	31/10/2022	Defence Innovation Hub	$267,000		$800k spread over 12 months
14		Take-up approximate allocation to 2nd half 2022
15	31/12/2022	Take-up non-disclosed revenue at $500k per month	$3,000,000		6 month general revenue
16		Total adjustments		$3,867,000
17
18		Revenue forecast 2022		$15,190,000
19
20	Calendar Year 2021
21		Full year sales and other revenue		$10,812,000
22
23	Revenue growth 2022			40.49%
24
25	Revenue required for break even
26		First half 2022 expenses	$7,547,000	$15,094,000	Crude - but double it.
27
28		Revenue / Expenses		100.64%	Potential for break even 2022!!
29
30	Please do your own research