Pretty easy to look this up......
Financial Update:
The March 2017 quarter cash flow shows the cash expenditure during the period totaled $275k (net of R&D tax incentive received of $53k) and cash at bank at the end of the quarter amounted to $3.28m.
These funds are expected to be sufficient to commercially launch the ePAT Dementia App and develop the Children’s App.
The cash burn was less than expected due to delayed receipt of invoices from major suppliers. These will be paid in the current quarter, hence the increased expected cash burn in this next quarter of approximately$705k.
All other operating expenses remain on plan.
TG
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