Ann: Quarterly Update, page-5

Hi stardestr0yer

In regards to your comment 'Still finding it weird how receipts are still not closely aligning with MRR QoQ and it could be down to payment terms.' they stated last quarter:

In my opinion, increases in MRR of 10% would be a very good result based on previous data (see the chart below). MRR increases of 20% per quarter would appear to be too high.

In my opinion, 'Usage based revenue' should be close to $40,000 in the June qtr and I would be expecting increases of greater than 30% for the next few quarters at least.