RE:The futureRaouf stated they would be break even within 4-6 quarters last month.
So at earliest they could be breaking even in Q2 -2020 and latest Q4 2020.
I think it would be prudent if they are leveraging their patent portfolio and the interest rate isn’t ridiculously high to access as much liquidity as possible.
The Console deal isn’t coming on board until sometime in 2020 which would of been nice to see in late 2019, so no extra cushion until 2020.
With what they have stated, they should be loosing about $500k per month maybe starting in Q2, which is almost half of the current monthly losses.
Q3 should be much stronger and depending on when they process the Asian DC operator orders will really help reduce the monthly bleed.
Heading in the right direction, funnybthe market had zero reaction to what I felt was some much much stronger forward guidance....
We shall seeeeeee......
All my opinion above