Not sure if you should measure their preso with a more established company with a history of sales and that's effectively you are alluding to imo.
The product is new, the market is new and the company is relatively young so it is expected of them to showcase what they offering, what market potential is and how they are tracking. They aren't at a point where they can get away with the type of presentation you are expecting. If they continue to build strongly, may be 2020 preso would be in line with what you are suggesting.
I also think you are putting unrealistic expectations at $1.5M, if they can surprise us, great!! But as long as they show 40-50% growth on booked revenue and have some factual commentary on uptake/orders as we recently saw in preso and social media, it is satisfactory in my book. But show only 20%+ growth (so around $900K) and market will hammer them again IMO.
We will know soon on what Qtrly brings and how market would react.
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