Sorry I made a mistake here, they actually had accounts receivable of $175 000 USD to be collected this quarter so it's actually even better.Really interested to see what other monies they've got in the door. In the last quarter they booked $99000 worth of consultancy work.
If they repeated that then along with the accounts receivable due at Sept 30 then the cash outflows would be down to not much over a few hundred thousand dollars. They've announced two new sales this quarter and an extension of a previous contract. I wonder how much they'll get in the door from these new contracts this quarter. The next quarterly could be a ripping read.
Sorry I made a mistake here, they actually had accounts...
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