A bit more on collections... While I've made it clear I wanted more numbers around collections, I did catch these two quotes from the webinar which at least provide some colour:
"We've made great strides on the trade receivables for 2023 and, over the last few weeks even, we did see significant improvements in collections." [Keep in mind that trade receivables were $2.9M at the end of fQ3.]
"...to our smaller clients' credit they have made significant improvements and we do expect that certainly by the time we file the audited annual financials at the end of October that everyone across the board will be fully caught up in all of their payments." [Forgetting about the future part of that statement, it's the bit about having made "significant improvements" that caught my eye.]
It's hard to make any kind of reasonable estimate based on these statements, but it does appear progress, while slow, is being made. We might just see something material in Q4 collections when the statements are published.