Sales only commenced in UK end of February. Any decent number of kits sold to a hospital for example I would imagine would be on invoice, hence 30 days to pay etc.
Considering the quarterly only shows customer receipts up to the end of March, I wouldn't exactly be holding my breath for much in the way of cashflow in the March quarter.
Only an announcement from the company could give any kind of indication of how the sales are progressing at the moment.
Perhaps I don't really understand and I most certainly could be wrong. I'm quietly confident holding, but if people are expecting anything fantastic out of the quarterly, I'm thinking they could be disappointed.
HTX Price at posting:
13.5¢ Sentiment: LT Buy Disclosure: Held