With respect, the cash is nearly one third of the company
It acts as a deadweight on the balance sheet and it is approaching the time to think of what to do with it.
Next quarter we will get 45 cents on the dollar of R&D spent this year.
In saying that I now have realised that depending how far away this is from profitability R&D next year will likely only be 15 cents on the dollar so we may need the $2M.
Anyway, nice problems to have. Cash everywhere.
Ann: Quarterly Report for Q3 March 2016, page-39
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