"Don't blame me for dropping the LED lighting in 2017 to 100% focus on a smart product we've done no market research on" "It was the COVID".
$20K revenue. Burned through $500K~$600K in cash.
Sold approximately 20 mirrors, out of a warehouse stock of 1400~1500 mirrors in one quarter. 40 mirrors in the first half of 2022.
Speaking of warehouse stock, where's the missing 1500+ mirrors? They raised $1.3 million + 1 million to create about $1 million worth of inventory? And raised another $600K to keep the lights on for maybe an extra quarter?