Some fancy accounting.From my understand ( please correct me if I’m wrong ) Effectively burning $1m / Q with ~ $1m in bankSeems half their audio stack divestment even tho announced 13th Jan was incorporated in the 31st Dec quarterly & half in this quarterly.Assuming continued current cash burn, as of today, I have the company at ~ $660k cash in accountOne of two things…Either 1/ they divest the remaining or a % of audio stack ( which has been their best asset to date ) or2/ this upcoming roadshow is a pitch to clients to raise more cashSmall growth ( I guess it’s better than decline ) in receipts hasn’t been aggressive enough.
(20min delay)