Theres no way you can sugar coat this, there cash burn is ridiculous. Last 5 quarterlies all averaging around 10-15 mill cash burn. Thats over 70 mill CASH gone. They only have a couple of chances left to prove this business model is sustainable IMO cause the next raise they do if they are even able to do one at these prices will destroy the company. Imagine the dilution.
Until I see a CF+ quarterly, there is no way in hell Id touch this one as at this rate its heading to delisting...
Theres no way you can sugar coat this, there cash burn is...
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