Post by
cordillon on May 31, 2023 8:25am
What about the government contract?
DM has completed two phases of the 40M contract and if I am not mistaken has not yet reported any revenue. Now why is that?
Comment by
mcgarvey on May 31, 2023 8:28am
The second phase of the government contract has not been completed. Once they complete it, it will be reflected in the fins as they advance to the 3rd phase.
Comment by
Resilience19 on May 31, 2023 8:40am
In March 2022 they reported $2.3M following the completion of Milestone 1, which lasted 3 months. Milestone 2, which started 01 Apr 2022, lasted 12 months. Do the math and you'll get a sense as to the potential income, which should be received around the same time as the imminent start date of the upcoming Milestone 3.
Comment by
cordillon on Oct 02, 2023 3:08pm
"which it is permitted to release" I wasn't aware of its non-disclosure clause.
Comment by
ibsn4512 on Oct 03, 2023 8:13am
Can you point to the $2.6 million in the financials? Also, were you able to find any current government contracts for DM...say in the last 2 years?