Here's what we know from Q1 & Q2 Results....So I am basing my predictions for Q3 off these and company announcements, and discoveries by members on this stock board (i.e. refernece to a small Xtract CA contract)
Q2 Total Revenues: $1,177,219
- Xtract: $1,000,000 DOND Contract
- Platform: $ 177,219
Q2 Total Expenses: ($4,314,428)
Q2 Operating Loss: ($ 3,082,924) —Offset by $1.8M in Raytheon funds
6-Month Total Revenue: $1,886,679
- Xtract: $1,465,892
- Platform. $ 420,787
6-Month Total Expenses: ($6,216,232)
6-Month Operating Loss: ($4,329,553() — Offset by $1.8M in Raytheon funds
JANUARY 31 BANK ACCOUNT: $6,411,540
___________
MY PREDICTIONS
Base on the fact above, and also 1 sales announcement during quarter with Oak Group/Moody Center....(As the 2nd Oak Group deal was announced in May 2022 in Q4). Here's is what I predict from Q3 & 9-Month Results
Q3 Total Revenues: $400,000
- Xtract: $200,000
- Platform: $200,000
Q3 Total Expenses: ($4,200,000)
Q3 Operating Loss: ($3,800,000)
9-Month Total Revenue: $ 2,286,679
- Xtract: $1,465,892 + 200,000 = $1,665,892
- Platform. $. 420,787 + 200,000 = $ 620,787
9-Month Total Expenses: ($10,416,232)
9-Month Operating Loss: ($ 8,129,553 )—Offset by $1.8M in Raytheon funds
APRIL 30 BANK ACCOUNT : $6,411,540 + $6,000,000 (PP after fees) + $400,000 (Q3 rev) - $4,200,000 (Q3 expenses) = $8,611, 540