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XX% by We increase will feel current enough QX. I activity that over saying pipeline, our very I we in QX than more believe actually generate currently to XXX%. revenue our to QX have comfortable Analyzing revenue
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I would one like factor explain regarding recognized to revenue. other
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system order order we a to of have quarter. that by of to week components in mid ship quarter, a However, last
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until January. As delayed financing Frank up was in our will due end explain XXXX to trade was built payable QX our from of accounts cash that the high unusually usage has when
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and of September. all overhead most for with five the their for All First Board year. end executive the Directors reduced deferred recent of salaries May differ of the compensation cash through we commissions changes, management months, employees XX%
goods through by COVID. standard approximately We COVID degradation IR PR both our any by reduced cost reduced or our costs. We’ve and travel reduced $XX,XXX of the also reconfiguring our without per of XX% platform and before processing. the We’ve system
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and and increase to pipeline our to of revenue. actions we were our all preserve runway continue these cash, While build lengthen as our designed our
strategic moving production. we so multiple with make the to front, On progress serial and end OEMs, towards vendors hardware continue with for users
progress able update to for opportunities you call. on our next be to on expect We those
we’ve positively, first done I’ve had thing the several is our about RTE under we’ve from note progressed last that, NDA has RTE that the first that I’ll the to discussed in every that one in past questions Japan. -- the and one materialize
to result are revenue future. expected the All in streams for building
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collaborate their We on continue team with weekly to a basis.
completion about to expect inner them this that and successful conclusion company forward we often of is phase. of talked RTEX technology and energy global The move with the we’ve at
and For RTEX, sometimes evaluation a those type of of is printer, a first on it an more you testing second different lasers than with not familiar, printer. the
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follows. as looks picture the So
quarter-over-quarter We revenue. have increasing
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stop customer’s doing to so So, to been order given that, our printers successful test manufacturers we with? technology we RTEs a from would different and That a real you had to do in that to works. we the why Well, that ago, access we what replace only year site. different could do are might and wonder, way get them RTEs they’ve was going that that prove
relationship and Today, the We trust in were didn’t at with essentially we companies different work begging time a with much have us a us. situation. we’re that that
buy. want before prospects to However, still they try
will engineering RTE prospects self-qualify producing an and app then will be able we’ll our send requirements be Sigma plus a to the on remote initiate web give internet for of a the period exercise access a time and we the with team system build us So remotely. via them our process, to and metal CAD to engage able where printer and PrintRiteXD powder to file review be there’ll
full substantially more we have access metal. product, cost hope the will effective and they and the building results. same for efficient So will and prospect their a series, both produce PrintRiteXD with production the part their Sigma That’s to their latest
the right direction. have everything in we So going
and current crisis the level, We help chain. it’s the the supply weaknesses at will a COVID of is and major how macro Now trajectory. the in believe, matter thing that it exposed trajectory timing the manufacturing the
any time, disruption of and COVID disaster. or become and too type be complex unrest natural to rigid or it they’ve a or political Over too war respond can’t quickly
as of where acceleration needed. an adoption and agility in mitigate XD While the in lack of seeing production parts components, move risk, in to experts, order is this critical closer manufacturers many results to of the shortages printing part
when when Friedman will Tom be Times through asked, this. journalists New what we said York different in author get
XD with printing. to built printing of matter I the for And printers XD that and part The business needed. say address them We positively of in factories to company the be can to a XD these changed on is beyond change will specific it envision XXXX and shortages. is uncertain. was while XXXX, factories where second factories will to increase printing to the as industries his this a explode. demand XD equip in be effect metal days new our impacting answer and Many list various see closer takes in This for build because
we of significant be that worldwide picture quarter-over-quarter and to optimistic you conclusion, time, become short increasingly paint as believe long-term XX% of to to the optimistic XXX% a of that’s for revenue have XD capacity. I more one In the with metal company tried manufacturing believed is will for what we percentage cautiously that printing the the increasing
a financial who over of I’d turn our that, like brief to With Frank? it will results. Frank overview to Orzechowski, give
