Ok, fair enough, breakeven might be a stretch, but there’s...

Ok, fair enough, breakeven might be a stretch, but there’s definitely a path that doesn’t require a CR this year

Numbers below assume we’ll get two months of revenue from the launched sites this quarter, and the other sites will begin generating revenue from April. That might be unrealistic, but I’ve also included zero growth in sites through the entire year, which will obviously not happen. I’ve also assumed we will only get the minimum volume from each site. Margin I’ve used 50% even though the company is working to get that number up. Cost I’ve held steady as I don’t have visibility to where that might go. I also didn’t include any previous revenue streams, or any R&D refunds. It’s super simple, and I may be off on some things, but the point is it’s really not that hard to scale up revenue very quickly to get very close to cash neutral, even with conservative assumptions.

		Jan-Mar	Apr-Jul	Aug-Oct	Nov-Dec
Launched	14	425,600	638,400	638,400	638,400
Contracted not launched	22		1,003,200	1,003,200	1,003,200
Aeroflow	7		319,200	319,200	319,200
Revenue		425,600	1,960,800	1,960,800	1,960,800
Margin (50%)		212,800	980,400	980,400	980,400
Cost (based on last HY)		2,600,000	2,600,000	2,600,000	2,600,000
Cash balance		6,172,960	4,553,360	2,933,760	1,314,160
	Assumptions
	20	Minimum quota per month
	500	USD per unit
	1.52	USD to AUD