They will do very well for their purchases at these levels. Stock will eventually make a turn when Terri comes on and renewed energy and focus comes into play.
To me the catalyst is the turn to profitability, the increase in ARR and the operational costs covered in full by the annual contracts.
I anticipated end of Q4 to be the first positive earnings period but don't think this will occur until some quarter in FY 25.
Terri may also be focused on a takeover and it wouldn't suprise me.
My target price is $1 still far from current levels.
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