They explained the increase in cash outgoing. Excluding the $1.3M payment to Crowdvision this would have been a net cash outflow of $1.6M, giving them 3.5 quarters at current outflow, or 4.8 including the $2M funding facility.
With revenue growing at ~50% Y.O.Y, they'd need less than 3 quarters to get to breakeven if they can keep costs constrained.
Ann: Skyfii Quarterly Business Review and Appendix 4C, page-11
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