I appreciate your comments.. however..The importance of recurring revenue looks like it has been severly underestimated.
It is the revenue you have when you go to sleep at night and wake up in the morning with money in your bank account.
1500 New users in 90 days who are paying a monthly fee each and every month is huge.
If they do the same next quarter revenue doubles. The J curve significantly comes in to play.
If you compare others like ypb, who are capped at 40 million with 3 times the cash burn, and have just raised 4 million, this is a standout.
Worst case, they will need a small CR in Feb. It would be around 2 million.
With all the activity in the HR space as well..
Too many other stocks in this space have no revenue and have market caps twice an three times where we are at.