@longreach this is my take from the past two 4C announcements....

@longreach this is my take from the past two 4C announcements.

The revenue for the next quarter should break down something like this based on the $12,631,000 expected revenue.
- Approx $8mil of revenue is related to Eagleview Camera purchase (upfront payment based on Sept 4C revenue)
- $2.7mil for R&D incentive payments (Dec 4C)
- Approx $1.0 Mil in subscriber/royalty payments
- Approx $965K based on the following

Comments in the Sept 4C noted there was $4.5 mill in expected cash inflows for the December quarter related to progress payments for Eagleview camera systems, R&D incentives and subscriber/royalties. Given the Dec 4C quotes $2.7M in R&D incentive payments, and $835k in revenue, SFI should be expecting approx $965k relating to the progress payments for the camera systems already purchased by Eagleview and currently being delivered.

Thus
$8.0 Mil +
$2.7 Mil +
$1.0 Mil +
$0.965Mil =
$12.665Mil approx for the upcoming quarter

The positive based on these numbers is that revenue from subscriptions/royalties are heading in the right direction.

Cheers