G'day BridgeBaron,
Yeah I realise the cash burn rate includes cost of goods. What I was trying to say is that cost of goods is variable depending on implant rate, which is accelerating each year.
For example, cash burn around $2.5mil / month for a few years now. i.e pretty steady despite much larger implant rate and much larger costs for materials etc.
So a decrease in fixed costs through efficiencies has been pretty much totally offset by increased total quantity of materials/manufacturing/testing/packaging/transportation which is entirely dependent on sales. This will continue as sales increase by 100% / year. This is why I believe breakeven point will be a little higher.
To Vyking:
Yes your numbers were clear. At no point in my post did I say that I didn't understand your numbers.
I have no intention of posting my calculations to this forum.
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