Given the limited dialogue with the market from this company and the unknown nature of the related party transactions in the 4c, it is quite challenging to fully understand the prospects of IQ3 from this quarterly.
On the one hand, at last quarters burn rate, they have enough cash for the current quarter only.
However if they refrain from other investing activity, there could be 3 quarters of cash left.
At the same time, half of their revenues YTD came in the past quarter, so unless they repeat that (and there are no anns. suggesting this might happen), its possible the negative operating cashflows will be larger next quarter.
Looks to me like another cr is in the wind.
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