"End of 2017 may be more reasonable"
@stockrock,
They only have enough cash to last them until September.
Interpreting the cash runway without considering the need to always have a meaningful residual cash balance is a common mistake people make.
Remember that they can't consume all of the cash; they always need about $25m to $30m to demonstrate that they can service their current liabilities (which is the reason that they had to raise capital at the end of March... even though they still had ~$30m in the bank).
"End of 2017 may be more reasonable" @stockrock, They only have...
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