$INDI might be concerned if it wasn't for a few billion in the backlog, in a better spot then most companies. We're under $1 billion MC now.
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@BettingTheFarm do we have numbers on contracted revenue vs strategic backlog. I know in their presentations with the 2bill + backlog, they specific that is for expected or projected revenue.
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@Money98765 @BettingTheFarm they already have 70% of 2023 revenue in the shipping/won stages which is ~$142 million in revenue. Now this was back in Dec 2020 so this is likely millions more now since the strategic backlog increased by 600 million. They are also several millions ahead of the projected 2022 numbers given there outlook announced at their last earnings call.
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