Does anyone have any information on why 3DP received a substantial <$900k government grant/incentive?
It doesn't appear as substantial in the Q4 FY23 with roughly <$500k listed cumulatively.
Without this incentive, the cash burn is more like -$1.4m this quarterly, giving a more realistic runway of approximately two quarters before a CR is required. Things can improve if they can almost double the quarterly cash receipts by end of FY24.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-24
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