You didn't read the quarterly very well. They got revenue of $40k for the ASV via Honeywell.
Pity though, I'd hoped that there was more revenue than that to be forthcoming in the quarter.
Stealth has an agreement with global software-industrial company Honeywell to progress the commercialisation of Autonomous Security Vehicles (ASVs) for perimeter security. Under the agreement, Honeywell is responsible for identifying, engaging, and maintaining customer relationships, procuring access to customer facilities, processing fees and entering into and maintaining agreements with customers to facilitate ASV Pilot Deployments.
Stealth received revenue of $40k and incurred $176k in expenses related to staff, consultants and R&D development costs across projects.
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