The problem is cash flow breakeven isn't that great of a target to achieve. For just one quarter? How about increasing revenue?
I don't feel too sorry for them. The executive team has been paid very handsomely from the reverse takeover until now for achieving little. It's like funding a private school education and University qualification for your son or daughter who promises to be a lawyer or a doctor but all of a sudden says it's all too hard and it's much easier and more profitable for them to become an electrician. Good career prospects as an electrician but you can't get away from the fact that the tuition fees and cost of living for them has already been paid and they're essentially starting again.
regarding the fox content deal, don't be misled, it's not the entire catalogue of Fox Sports like what we see here in Australia it's only a small subset of content. It appears are essentially selling the sports report from the 6 p.m. news but only for soccer an only in a few countries. All imo.
we are nowhere close to being out of the woods yet.