Agree with all of your post except for the exponential growth part.
Unfortunately, we can't use this 4C as a measure of exponential growth because because it's basically the first quarter of Magnemasks-only sales predominantly in China.
Previous quarterly revenue included Magnemasks-online-only sales & some SK-II magnetic booster seasonal sales thrown in with some up front payments elsewhere and some Wave I eye wands thrown in for good measure..
This 4C shows Magnemasks-online-and-physical-store revenues mostly from China and a small percentage of the initial USA sales (which is a first), so we can't say there has been no exponential growth when there has been (just not overall exponential growth).
What we have been seeing the past 12-24 months is different revenue streams being replaced by other revenue streams at different time points as the different 1st generation products come & go.
It's not until next 4C where we can finally compare apples with apples and see if there is actually exponential growth (if any), as it will be the first time we can compare a physical-on-the-shelf product over 2 consecutive quarters and compare the numbers rationally
Overall it's disappointing to see the overall revenue number drop slightly this quarter, but on it's own it's a great result for Magnemasks solely as there's clear exponential growth this quarter compared to last quarter for this product.
Hope that helps with a different angle / view point
(20min delay)