Post by
theinvestor22 on Nov 30, 2022 12:32pm
A/R
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.
Comment by
theinvestor22 on Nov 30, 2022 12:33pm
Oops! I meant to say $10M, not $11M.