Was just wondering how you arrive at this figures
My take / guestimate is this ...and its all based on the June quarterly
1. Rev for the quarter @ $2.2 mill - with costs approx. 3.3 mill estimated ( all up I think including cost of sales ) = 1.1 mill cash burn for the qtr
2. Note in the June qtr there was mention of sales in the month of June of some $950 k & coming into summer and add some new product releases etc so it might be worth assuming that the Sept qtr is going to be much stronger - maybe more than 1 mill a month - so say 3 mill +
Assume costs are the same - but with an increase in the costs of producing a larger sale volume of stock ..... so say 3.75 mill all up = means the quarterly cash burn for sept might be significantly less than the June Qtr
So my conclusion ....... continues trending sales should get the company into operating surplus mode maybe much much quicker than what you might be thinking .
Happy to hear your thoughts
Was just wondering how you arrive at this figures My take /...
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