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%.
W2V Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
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