EU is going to be a totally different business model going forward. It will be very lumpy and I'm not really sure what the annual revenues will be. From the call
European sales in the fourth quarter of 2024 included direct sales only; once the transition to a fully partnered sales model is complete, European sales will consist only of supply shipments to Recordati.
As far as expenses go it is very easy spending 20 million a quarter. Legal, management reporting and back office support adds up. Annual system costs , rent, salary and benefits. Not sure how many people they have left. They cut all sales and marketing
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