@zen09 Whilst I think its grossly overvalued, as example Tesla...

@zen09

Whilst I think its grossly overvalued, as example Tesla is worth $43Bn, had losses of $2.3Bn

It isn't all about having to be cashflow positive in tech stocks. I think you may also just be judging the business on the solar powered camera side only, and not factoring in the thermals sales expected to kick off next quarter which could be something big

On top of that, SP3 appears to have enough capital to last well into next year before requiring another

I think at an $7M EV, it is a decent punt. You only need one defence contractor, government or similar to take on the thermal camera, or strike a deal with an O&G major on the leak detection, and the stock will be multiples higher