Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4

$10.3M - $5.3 (used already) = $5M remaining in financing facilities and additionally:

$4M in Conversion Notes when not excised are also effectively a liability owed to the holder as they can be redeemed at face value at expiry.

IMO: Effectively CLZ are potentially in $9.3M of DEBT which is higher than their current Market Capitalisation of $7.4M