Better than my expectations at least, cash burn reduced significantly thanks to more cash received.
While we can't calculate for sure, the cash in versus cash out suggests that margins are a lot higher as well, definitely closer to that 40% mark.
Nice to see expected cash outflows for product manufacturing costs increasing significantly too for next quarter, supporting management's story of increasing sales for the second half of the year with multiple product launches for clients.
Management's estimates from the last 4C were pretty much on the mark too.
So we're on the right track.... just need to maintain the momentum.
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