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ION Video Achieves First Positive Cash Flow and Eliminates Debt
9:28am on Tuesday 7th of July, 2026 AEST
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Technology
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ION Video Achieves First Positive Cash Flow and Eliminates Debt
9:28am on Tuesday 7th of July, 2026 AEST
Key Points
First positive operating cash flow of $179,847
Convertible Notes worth $2.65 million converted to equity, eliminating debt
Cash reserves of $771,000 to fund operations through June 2027
Two new patent applications filed, expanding IP portfolio to five families
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