Brainlab’s and Sinaptica’s transactions are not itemized and are aimed to be reported. This means there might be hidden equipment sales. At this stage, one just has to consider what kind of transactions and to which destinations are not wanted to be announced? What falls under trade secrets, and is there really a possibility that if Brainlab or Sinaptica wants to keep a transaction hidden, it will remain hidden? What was the difference between announced and realized transactions last year?
For example, Brainlab’s 4 million guaranteed revenue means 13 devices annually (correct me if I’m wrong). I think it’s worth noting that Brainlab expects to sell more devices than that in the future. The story remains the same and has not changed.
As for this year, and especially the end of the year, I’m a bit disappointed. The ketchup bottle effect has not yet been achieved this year in my estimates. Sinaptica’s final deal and its announcement could bring some Christmas cheer here too.