Over the last 3 quarters, revenue has grown by an average of 7.5% (~$47,000) while operating expenses have grown by 8.3% ($75K).    (Before interest)

Cash is dwindling and the hole that needs filling from all the cash not sent out is getting bigger and bigger.   Losses are still close to $2M/ Year. 

What happened with Horizon? Were they the cause of the customer claim? 

Investors don't want empty promises. 

In the words of the immortal Rod Tidwell... "show me the money" ...