Board update · Q3

Growth held, costs fell

Revenue, margin and cash for the quarter, in ninety seconds.

$4.2M

revenue for the quarter, up from $3.6M

Revenue by quarter ($M)

Gross margin

Q2
61%
Q3
68%
vs

Where the revenue came from ($M)

Q4
Q1
Q2
Q3

What drove it

Enterprise

Four new contracts signed

Hosting

Costs cut by moving regions

Payback

Down to eleven months

Cash

Runway is 26 months

No raise is needed before the next product line ships.

Ask

Approve the hiring plan

Six roles in engineering and two in support.