They will always expect to continue operating. However the issue...

They will always expect to continue operating. However the issue still stands - they need cashflow to make it to the end of the Hologic deal just to get the final $5Million payment now.

They projected end of year completion. If they havent raised funds or utilised every penny until then, they need a cap raise or go bust by August.



Note the yellow column. The cash on hand even with a substantially increased product revenue for Q3 (next quarter) doubles the PCP and we have the average services revenue (nothing indicated to increase) AND expenses remain flat, they need a raise August/September 2024 to continue operations.