Some Quick Thoughts On The ONT Accounts

Today the ONT accounts were released, I’ve not had a chance to read these in detail. But I did want to check some of the working from my previous post on customer growth. For the most part the numbers presented today are not directly comparable with those from previous reports. This is particularly true of S1 (MinION) users as seemingly ~1000 of these have shifted to “Indirect” sales, where each distributor appears to be listed as a single active account.

S2 active customers have been revised up from Gordon’s statement of “around 1100” at JPM to 1210. S3 has been revised down from “90 large high throughput” at JPM to 84.