RE:how many millions in orders he received the past couple of mLast week JP Strategic Investments guy touches on what Peter Evans had said see: ... https://youtu.be/AUT0tVVbdAU?t=62
JP guy was saying that the average contract was about a 36 month contract; Peter alluded to much more predictable revenue. Peter even gave an example of say $10,000 a month for 36 months or $360K contract- as a gift that keeps on giving his words not mine- that was a week ago. In actual fact, if I am reading this right from the financial statement, "Company expects to recognize approximately $600,000 over the next twelve months", - That’s $50K a month PATSCAN revenue starting May.
SO Peter hope for revenue was to add layers of customers all paying monthly for predictable revenue stream... How many of Peters average $10,000 customers would be required to offset the over $1 MILLION operating expenses per month that a 1000- $10000 per month customers not an easy feat .
So if the $50K per month is correct right now all he needs is another 995 customers like that or a mix of smaller and larger ones to at least come close to covering costs as they are now never mind the added cost of the hardware etc. which would be added to current costs as revenue comes in.