Statement of cash flows is terrifying. Cash receipts not much...

Statement of cash flows is terrifying. Cash receipts not much change from a year earlier?
gross margin at about 50%. Even with the overhead reduction to $11m per year, they will need $22m in revenue assuming they can keep margin up. And achieve this heroic revenue growth while severely cutting overheads and sales team?

When Linewize was acquired they were showing around $900k revenue, but this half year is showing $360k. Doesn’t look like that is performing to original expectations.

A lot more capital raising required imo