gross margin is 53%. & The only thing that matters now is volume.
Positive note: the 53% gross margin in Q2 is a bit improved over the 45% gross margin in Q!.
And: the volume did indeed improve (on the fluid sales) & hopefully this can continue. I get the impression from my DD that the fluid sales did start to expand nicely beyond merely hospital use.
And: As the licensing revenues & equipment leasing revenues increase, this will help with improving the gross margin, as I have the impression that these categories carry a higher gross margin % than the fluid sales.