Just to fill in the gaps
The term loan is $USD9M and the balance of $USD846k are leases totalling $USD9.846M and not $USD11M.
Debt due next year is September 2020 so quite a bit to run yet and cash flow positive expected later this calendar year. I know who believes management but the repayment of $1M was real so they must think the cash drain has slowed. I would not be surprised to see another repayment this quarter as they don't like the current arrangement either.
Not exactly coming up with new analysis here.
Did you ever listen to those CEO tapes?
Just to fill in the gapsThe term loan is $USD9M and the balance...
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