Yep
Does not look good.
Increasing quarterly cash receipts from $15m to $22m in one quarter
Cash flow positive to the tune of $10m (up from $5m in one quarter)
The main aim of the AFR article was to cause irrational panic. Panic that is still reverberating in the market right now. Even though it has been shown the author of the article did little to no research. But it doesn't matter. He did his purpose.