Ann: Quarterly Update and Appendix 4C, page-56

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    @athorn The estimated quarters of funding available has nothing to do with management projections. It is a calculation prescribed by the 4C (item 8.4 divided by item 8.1) and is based on cash used and cash available. The calculation this quarter included funds from PPP and sale of Nanotron. We are not going to have either of those things next quarter. Therefore, it is not an accurate representation of future cash position.
    Last edited by Wilson4: 28/04/21
 
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