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Ann: Investor Presentation, page-81

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  1. 21,938 Posts.
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    @MoonReach

    Look at last 4C and x 4 all expenses Note Staff and admin increased by $502k for quarter alone

    So expenses easily well over $12m for 2024 calendar year

    I heard $3.5m revenues or so or even $5m in 2024 - that's a CR by mid year will be required

    Cash was $6m at 31/12/23 plus $7m CR - now probably February $12m or less

    Cash burn vs revenues going forward - when down to last 2 quarters will need a CR

    You work it out

    IMO


 
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