I've come up with this as a guide only, Q32019 and Q42019 are...

I've come up with this as a guide only, Q32019 and Q42019 are now actuals, the rest are estimates only
Based on 50% increase in cash receipts per quarter (needs to be IMO) and increase in costs no more than $1m p.a (run rate)

So I've got them in profit from Q3,2021 or 7 quarters from now.
Yes they may exceed my expectations but its like a minimum to make it

That all said they receive $14m in receipts over next 7 quarters and need $25m to operate (roughly to breakeven)
$5m will come in from conversion of options and R and D refund I think was about $1.4m?

So the CR issue is one that will present itself but my figures tell me it may only be $5m - $8m shortfall required at some point perhaps later in Q3-Q4 2020