I commend your efforts. Actually, the range of projections is rather interesting and supportive of the idea that Wave Sys is moving out of its startup phase.
If one considers $20+ million (2005) as the more optimistic and approx. $5 million as the more pessimistic, then one can surmise that the company is clearly moving out of its startup phase.
As such, one could forecast that 2006 could clearly be the big breakout time period.