Start End Days Cash at start Burn/quarter burn/day Remaining 1 1-Apr-23 30-Jun-23 90 $289,000 $182,000 $2,022 $107,000 2 1-Jul-23 30-Sep-23 91 $107,000 $182,000 $2,000 -$ 75,000 3 4 Days Remaining 5 Burn Rate/Qtr Cash at Start Qtrs Remaining In Days 6 $182,000 $107,000 0.58 53 7 8 Days Left 9 1 July + 53 Days 23-Aug-23
Based on the previous quarter, it looks like 1 week of operational cash left.
The last quarter also had $0 spent on advertising and marketing in addition to stronger lending criteria, so I wouldn't expect any uplift in revenue.
Any other comments? I didn't think I have seen a company with its balls this close to the bandsaw but still operating before.
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