10 quarters cash I think - and this at last quarter revenue amount.
I have always thought this will likely continue to be so.
That IPD stay at about a constant number of quarters of cash- on -hand —as both revenue and maybe some more costs but with time, still maintain the cash kitty at about this run rate . (Costs might grow as expansion as worst case and only after full reimbursement coverage gained in multiple states, where IPD can target then fully )
But the company has costs on a tight leash at last !!
The CEO is working hard & utterly focused.
New optimal sales team, and team and management strategy— and using less funds on themselves. (Note- extortion by prior management *including on exit *)
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- Ann: Quarterly Activities Report and Appendix 4C - March-2024 Qtr
Ann: Quarterly Activities Report and Appendix 4C - March-2024 Qtr, page-8
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