How icetana AI’s SoftBank Partnership Sparked a 21% ARR Surge

• 21% quarter-on-quarter increase in annualised recurring revenue (ARR) to $2.3 million
• 22% rise in total quarterly revenue to $600k, fueled by new contracts and hardware sales
• Largest Australian sale secured, $376k five-year contract with Queensland shopping centre
• Net operating cash outflow surged to $1.13 million, reducing cash reserves to $2.7 million