RE:RE:RE:Introduces Facility Insights@BIGMOE: Correction.
Cronin closed FY2020 with $2.1M, up from $1M FY2019, and also secured $3M from Raytheon, which has been collected and has given the Company an additional quarter of life. Otherwise, PAT would be out of money at the end of Q2 - this quarter. (Note: PAT ended FY2021 with $9.7M in bank, and a quarterly burn rate of $3.2M, therefore leaving $6.5M in bank starting Q2 - Nov 1, 2021) .
Evans closed FY2021 with $1.1M revenue, and closed $2M from Raytheon in Q2, FY2022 (Nov 5, 2021)...Total $3.1M versus prior CEO's Total of $5.1M-$6.1M.
How quickly shareholders forget! Each on of you should vote in tomorrow's Shareholder Meeting.