[Edited to update disclaimer --- managed to sell the last of my shares!]

Just a quick update based on their recent 4C. Link

• 11% increase in receipts to $463,000. (An increase of $45,000).
• Product costs increased 116% to $197,000. (An increase of $106,000).
• Other operating costs decreased about 6%. (A decrease of $49,000).

Totals:

• Income $463,000
• Expenses $934,000
• Cash outflow of $469,000
• Cash on hand $847,000
• Available loan $200,000
• So 2 and a bit quarters of available funding.

A cap raise is surely on the way. It's hard to see that this company will get to profitability before the availability of capital dries up.

(Disc: I hold some free options IRL which were given out when I was a holder of the shares IRL.)