As said in my previous post - they likely will not go below 4 quarters of cash before they do another raise, so realistically there are 2 quarters of cash left. My assumption of this is avoiding a going concern qualification in their audit report.
I called this last year and it happened - likely to happen again, but VERY happy to be proved wrong!
Ann: 4DMedical gains US CMS reimbursement for CT LVAS, page-15
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