Nope 1.3 quarters is based on the cash burn from last quarter compared to what’s left in the kitty.
Last quarter has a couple of million worth of duster drilling and vac truck shenanigans.
Salaries only are about $500k per quarter so based on that $3m left in the back = 18 months of salary.
It’s a really important and basic ability to be able to read and understand these documents.
Nope 1.3 quarters is based on the cash burn from last quarter...
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