TSXV:RHT.H - Post by User
Comment by
theinvestor22on Nov 30, 2022 12:33pm
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Post# 35140115
RE:A/R
RE:A/ROops! I meant to say $10M, not $11M.
theinvestor22 wrote: From the back of my envelope, say $11M of that $13M A/R is for devices. (Or so. Don't shoot the messenger.) So, assuming a maximum of 8 quarters to pay, they should be able to receive at least $1.25M from that source in Q2, plus say at least another 1.0M from SaaS revenue. That's probably double what they need to cover their cash flow loss from ops just reported in Q1.
Easy peasy, if they put their backs to the wheel.