Their last quarter had expenses of $560k. So if that is what the cost base currently sits at (ie. nothing deferred) then the 14k revenue would be break even. Just realised tho I did mix up another number and my range is $3m to $6m at 50k.
Either way, the key will be the rate at which they can grow the number. The market is massive. Even 50k would only be touching the surface if their product takes off.
Still speculative, but I like the story so far.
Their last quarter had expenses of $560k. So if that is what the...
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