They had 2.4Mill at the end of June. They would now have just under 2Mill if the cash burn remains consistent.
If you look at the estimate for cash used for the next quarter is just the same cash amount used in Q2. It doesn't include any of the 284K IP costs/payments ESH are making every quarter.
If you add in 284K per quarter for IP costs then you end up with about 3 Quarters worth of cash left.
They had 2.4Mill at the end of June. They would now have just...
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Last
2.6¢ |
Change
0.002(8.33%) |
Mkt cap ! $10.70M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.7¢ | 2.5¢ | $14.08K | 533.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 74885 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 43565 | 2 |
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| Last trade - 15.29pm 03/05/2024 (20 minute delay) ? |
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Last
2.7¢ |
Change
0.002 ( 8.00 %) |
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| Open | High | Low | Volume | ||
| 2.5¢ | 2.7¢ | 2.5¢ | 118047 | ||
| Last updated 13.24pm 03/05/2024 ? | |||||
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