So in the Jul-Sep quarter, revenues 40k In the Oct-Dec quarter,...

So in the Jul-Sep quarter, revenues 40k
In the Oct-Dec quarter, revenues 200K (inferred from total 240K)

So that's a fivefold increase over a quarter.

That's not bad.

But they lost $3.8m in the last quarter (as opposed to $1.2m in the first quarter).

That's not good.

I have no idea what the market will think but personally I think we need to give it another 6 months to make a judgement. If they can manage a 5x rate of increase per quarter things will be great.But exponential growth cannot be taken for granted.

Shame we're not getting solid information from the company on the growth of the subscriber base. That would give us some chance to extrapolate future revenue.

There's an old cliche about Friday evening anns. I'm not quite sure whether this one fits the cliche or not.