Ann: Licenses Update, page-45

I think corona is deliberately baiting you to expose that you haven't fully understood the commsec report or the recent quarterly..

In the consolidated cashflow statement their operations lost $288,000, which includes all revenue (which was 0). The only money they made last quarter was $47k worth of interest from the bank.

the $576k which is report as positive cashflow was from funding activity, specifically the issue of shares ($524k) and conversion of options ($52k).

These are mostly a result of the NY share investor and the remainder of the rights issue from last year.. someone could correct me on that as I couldn't track down all their specific raises.