Ann: Quarterly Activities Report and Appendix 4C - June 2018, page-3

There are quite a few potential future pathways it's a bit tricky to forecast.

In an ideal world sales for cameras would pick up to help subsidise the manufacturing of the rental units.

But then we have the thermal cameras which have a mix of sales and rentals already, will be interesting to see how demand for those go.

Bit of blue sky opportunity overseas potentially, a partnership or whitelabel deal in the US would speed up the path towards profitability too.

Then we have big deals that may drop in the next 3-6 months now that we have the Australia wide footprint.

In that context, I find the cash flow not to be that informative. Yes negative cash flow is generally bad, but the dynami could change over night.

As you say enough of a runway to see what drops. Still speculative but the foundation is there and they're continuing to invest in new products / R&D so they're not a one trick pony.