These are some seriously great sales. Came onto my radar this...

These are some seriously great sales. Came onto my radar this month. $32m market cap and $70m in new sales. Margin appears to be ok at circa 30% and some are pre paid, which reduces the debt financing required. Only concern I currently see is the huge 1/4ly burn and the cash they had left in March. Probably need another CR but maybe they use a con note or debt to avoid dilution at these levels. Last CR was 26c in Oct 21. A good sign when the Cr begin to get done at higher levels. my guess is 35-37c ( especially given the current market conditions). Waiting for an entry level.