Ram Chowdhury
👤 SpeakerAppearances Over Time
Podcast Appearances
Absolutely.
We are in that range.
I think right now we are slightly more than that, but yes, we are pretty much there.
No, I think we have somewhere around $350,000 right now.
Well, not all the three started on the first year, right?
It took some time with larger customers.
There's a time gap also.
The recognized revenue takes time.
By the time next year it will be recognized, I think they are around 60% of our revenues are top three and the rest of them make around 40%.
Yes, they are paying $100,000.
But Nathan, the thing is that these companies invoice, right?
And the invoice doesn't hit your bank account on day one.
So it's not a monthly.
They're not paying by credit card.
You have to understand that.
So it will come in 2024.
Then we are going to recognize that.
That's why I'm saying they're around 60%, not 80%.
Absolutely.
No, it is slightly off the record, off the mark simply because they paid a portion of it.