RE:ArticleFor Peter's statement to be true that no futher debt or equity raises will be necessary to get breakeven (happening "in the near future") and then cash positive, I believe the simple explanation is XTRA will be emphasizing outright purchases rather than subscriptions for the time being. I believe this could mean their 2 large clients (Oak View Group and Madison Square Garden Entertainment) and perhaps others, have agreed to the upfront purchase model in order for the company to scale quickly in the near term. And along the way, they can continue to slowly build up the subscription model. Money is expensive currently, so it probably makes less sense to take on dilutive equity or high interest debt at this point in time. I've noticed several of my equity holdings have been singing from the same hymnal of late. An open need for funding has been posion for share prices, which makes equity funding a devastating proposition for shareholders, not to mention executive options. So companies are tightening belts, seeking acccretive partnerships and stating that equity raises are not on the table. Interesting turn of events.