What's also amusing is the revenue line, that gets completely ignored in all this discussion.
You want to forecast a doubling of cash outflow? Fine, could happen with capex to grow the production base, some legals, salaries etc.
While you're doing that, quadruple the revenue line as they invest in plant with increasing sales of product coming thru. Then quadruple it again as momentum kicks in with the network effect of successful applications.
Some of you guys make analytical errors that destroy your credibility. Others just refuse to believe this business has a future (which you are obviously entitled to do). If you are the latter group, get a life and do something positive with your time.
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