Looks like the last contract was a bit smaller than I'd guessed at an initial $180k, but still potential to increase to over 4 times the area, so could end up over $700k.
Plus we now have these new contracts at $300k and a few smaller bits and bobs. Taken with the earlier $500k contract, we've had $1m awarded in a little over a month. This is starting to look quite promising.
I haven't done much work in figuring what COGS to allocate, but I'm thinking we only need about $3m per year to hit break-even - although the purse strings will probably relax a bit then!
HTI Price at posting:
0.7¢ Sentiment: LT Buy Disclosure: Held