Financial Position The Company closed the quarter with total cash of $0.78 million. Inventory on the balance sheet was $2.6 million, up from $1.4 million in the previous quarter. The increase was required to cater for the strong sales pipeline based on recent contract wins. The Company received payments during the quarter of $0.67 million from sales of assistive technology to enterprise customers. Total active subscriptions producing recurring revenue increased to more than 12,200 by the end of the quarter which represents a 12.4% increase from December 2021 and a 95.1% year on year increase.
RAP Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held