Ann: Appendix 4C - quarterly, page-4

So cash at bank $1.465 mil 
R&D expected receipts $750k 
quarterly cash burn $653k

ALT will run out of cash in 3 quarters - based on the past performance of management there will be a capital raising in 2 quarters time...? 
ALT did however manage to sell 37 Pericoach's over the quarter and only need to increase sales to around 220 per quarter to meet current expenses - a 715% increase in sales. 

Does anyone see any good news in this 4C?