RE:RE:RevenueNo the 3 mill. per Q is to break even.
Yes they have 60% margin on sales, but they also have overhead cost.
After the 3 mill/q, then we should see additional sale go mostly direct to profit. Of course over time overhead cost will go up slightly.
He also mentioned that selling is not the problem right not, but supply is.
We all know chips have world wide supply problems, so once that is solved, we would go to the moon.
He more or less also confirmed AT&T and Sony PS VR as customers finalizing testing and ready to buy in bulks 2022.
What seems strange is that out of the 88 design Ins, only 6 are now in production. (I think I heard 6)
In Q4, 2017 they had their first 6 design ins, so have it taken 3-3½ years to go from design ins to production? (Tested first by cable supplier and then by data center client)
Maybe Covid had something to do with it. And maybe not all design ins will turn to a real product.
But if it means we make breakeven with 6 datacenter products, and we still have +50-80 design ins to be tested and converted to real products, then future looks good.