40-50 might be a stretch, but agree cash flow picture is looking a lot clearer now. 20-30 should be basecamp going forward based of normal operations from Q1 onwards.
Regarding depreciation, we will have some form of cash impact as we start replacing devices for our subscription based teams. Do we know what the lifespan of a device is before replacement is required?
We could have an initial COGS cost recovery lag for a quarter if we have to ramp up playertek device stock higher than anticipated, but this is a good problem to have and not difficult to solve.
40-50 might be a stretch, but agree cash flow picture is looking...
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