If we avoid another capital raising I think it will be by the skin of our teeth.
Costs for R&D and General/Admin are $26M, up on the previous year and staying about that imo. That alone needs a lot of profits on sales to put us into the 'black'. I can't decipher the numbers to indicate what the profit margins are. Besides, sales volumes are so low I don't think it matters much anyhow.
Another year like the last will see most, or if not all, of our available cash gone. Bring on the big sales volumes and quickly, please!
If we avoid another capital raising I think it will be by the...
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