I agree - I like that a few significant contracts have been signed already in Q4.
They continue to maintain that they will exceed 200%.
What will be interesting is if they set another target next year to grow ARR more than 100%.
Revenue is going to increase every quarter and only get stronger. If the changes meant can continue to track down/steady then it won’t be long before break even.
Also with $7M in the bank and generating at least $0.6m per quarter, with average costs at $1.8m per quarter, there is a good year and a half of free cash flow, hoping that any CR risk is low.
Won’t be long before profit is being generated!
VHT Price at posting:
73.0¢ Sentiment: Hold Disclosure: Held