The bare minimum of blowing through ~$10m. Bells you crack me up. They probably should start planning better with how they spend their money.
Wonder how much licensing they actually sold. Anyone know what the client count was and what product was sold? If it was subscription licensing then the next qtr report will show 3-4x the amount they reported in their announcement. Interesting how they kept the numbers out of their qtr end report. Seems it would have helped to raise money if it were reported as opposed to a cloudy announcement three days later. I suppose they only leaned of the sales the day after their report.
Investors must feel great watching them cut it so close every qtr. Instills a lot of confidence when a company can't manage their cash flow for,more then a qtr at a time.
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The bare minimum of blowing through ~$10m. Bells you crack me...
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