General Chat / Discussion, page-13665

CASH is King, Let's Check out the cash and workout the R&D Tax Return





























As you can see from the last 2 Quarterlies, the spending has dropped considerably, only went down by 0.30 and even if they average 0.50, enough runway of cash for another 2 Quarters at that spending rate. Casburn, kept to a minimum,

IXR’s cash position in July 2025, including the $3M capital raise and expected R&D refund, is likely to be ~$5.0 million, providing a funding runway at current reduced burn rates. This is sufficient to bridge to the anticipated UK Government grant and other major funding events.

Great Work IXR Team...name of this play is to stay in the game!