do you believe, page-1642

The cash balance will be very low. It doesn't take a genius to forecast it.

We know they've drawn more than $10M from facilities and their expenditure is around $30M per quarter. That leaves us with about $15M, subject to timing of receipts and payments and bad debt stats.

It's a precarious position considering they want to acquire Payment Assist and need cash to ramp up their US bid.

BNPLs may fold soon or be acquired for chips.