cash will definitely come in but they are so far away from bridging the gap to cashflow positive.
even if expenses drop to 2.25M$ they are always going to be 900K$ negative assuming they can maintain revenue of 1.4M$ in weaker half of the year.
they have to somehow substantially find new or existing clients with increased contract annual value of 4M$.
this seems far stretched atm as they have not yet commercialized APAI
i only hope market is willing to support their cash needs going forward else we are all doomed.
spare a thought for CR holders at 2.2c now down 70%.
Add to My Watchlist
What is My Watchlist?
