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Saturday, 11/16/2019 12:31:30 PM

Saturday, November 16, 2019 12:31:30 PM

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This sums up their last Q ,300 devices deployed and revenue from 3 months use PLUS device sales. The next Q 300 devices which generated 3 months of revenue but not device sales. Then in Q 2 they had some dives collecting revenue but not devices sales, some collecting revenue plus devices sales, and some deployed but you can’t collect revenue until they are already used. I work 2 weeks but only get paid one the third week for 2 weeks worth of work get it. Even if you don’t understand the math you should understand this , Q1 345906 dollars collected, Q2 672906 dollars collected. Next Q you can’t count revenue plus devices sales for 900 devices. I understand the math and timeframe and predict around 900000 to 1.1 million for next Q and the Q after that 900 units collecting revenue, device sales already counted from the Q before. 1.4 to 1.6 million dollars. This same time next year we will be slightly above break even. I was look for a little over 500000 in the Q , I like many others forgot to account for the 3 month needed for the device to be in use to get the revenue on the books. So we were 172000 dollars past what I predicted.
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