MMRF's PHR
According to the revenue numbers in the 10Q, MMRF has about 1,000 paying customers for their PHR (100ish thousand dollars divided by $100).
Giving them the benefit of the doubt, lets say they have 2,000 paying customers.
MMRF loses $1.6 million per quarter.
To break even, this company needs to sell 20,000 phr's per quarter. That's 10 times the number of current users, but they must do it each and every quarter
If MMRF sold 200 since the retail launch, I would be shocked.
Has anybody asked.
We'll see eventually in the 10Q. I'll say 200 this month. Maybe 500 for the quarter.
(If I'm wrong, I missed high)
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