Hi, as per the ASX announcement on 18/05/21, regarding the IPO funds, "The funding will also allow expansion of the Company's product range, increased production capacity and growth in Audeara's sales and marketing capabilities." "Audeara's next generation headphones, the A02 on schedule for release in Qtr 3, CY21." So with the $7m IPO funds they are less constrained. I hope this helps. Cheers.
Ann: Revenue and Sales Update, page-5
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