Again lot's of hype but only 9 units contracts in 9 months and a tiny $134k in revenue and burning close to $1m in a quarter. Just shows that the revenue per unit so far is tiny. Its all well and good talking about billion dollar markets but it would seem K-tig's ability to earn revenue from these customers so far has been very limited. Let's face it they are competing against other welding technologies where machines can be brought outright for a fraction on of the price so it all gets back to whether the savings can offset the cost.
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Again lot's of hype but only 9 units contracts in 9 months and a...
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