Better than expected result. $3.16m recurring rev for FY22 was a...

Better than expected result.

• $3.16m recurring rev for FY22 was a very good outcome.
• Would love to know the net proceed from the sale of DC unit to LMS. This has happened in FY19 from memory. Should be a cost of sales line somewhere.
• Need to be careful with cashburn. A significant increase in manufacturing and operating costs.
• Net operating cash outflow of $375k, seems good at first. However, if we taking out the non recurring revenue bit, it'll be much worse.
• $600k cash at bank, not a very strong position, especially if they burn that much money per quarter.