@techfacts, try to research the facts before you make posts like...

@techfacts, try to research the facts before you make posts like this. No doubt the retail price will fall in the future ( and would be budgeted to do so) but so too will the production costs. The production costs will fall for 2 main reasons. Firstly, the increase volume of orders ( economies of scale) and secondly, because the major shareholder was also the manufacturer ( who had an interest to inflate the production costs prior to their IPO). The new deal will require the manufacturer to provide a "competitive pricing". It can be estimated that ever $1 saved a the production level is equivalent of $4.50 at the retailer.
We have been told the coy will get to a 34-35% margin from the current 29.5% level.
Bud acquired Lifx for 1.7 times 2018 revenues or about 0.8 times 2019 revenues. In 7 months it is expected to be profitable and even more so if the trump tariffs are removed as expected.
Ohm/platform costs have been slashed to $1.2m a quarter. Revenue was $540k. Revenues will be larger next quarter from Newcastle deal and the other UK deals. How much is the question. But the coy knows and still forecasting breakeven by end of CY 2019. So worst case the burn from OHM will be around the $500k-$600k mark. Still have $5m cash. From that point onwards the coy will be running at a profit from every new sale. Maybe airstream/ thor will expand their current work. Lets hope using wattwatchers ( billable quality tech ) and Lifx sensors makes that sales process much easier than its been. I believe it will. ( btw I believe if this lifx sensors deal was available 12 months or so ago, buddy would not have built the OHM hardware.!! ) People seem to forget BUD is a predominantly a software coy.
When you look at the LIFX numbers, $11.88m in revenue for its smallest quarter of the year, $12m in inventories and over $5m in account receivables, the current OHM numbers pale into insignificance. Its now a free call option on landing a whale. Lifx will use the $20m working capital facility to fund its operations until it is profitable.
IMHO DYOR.