With their current cash balance and undrawn debt, they should (in theory) be able to last until 2025 before the next capital raise.
However unless they can get some meaningful traction in China (unlikely given their current fixation on daigou strategy) then I think another CR is unavoidable. If USA growth stagnates in the meantime, I don't think another CR would even save them.
Ann: Bubs US Growth Continues at Pace, page-10
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12.3¢ |
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Mkt cap ! $111.5M | |||
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