Looks pretty standard - looks like not much has changed last quarter so their balance sheets looks relatively the same.
The fact that they've got ~14million in their pockets which equates to almost 3 years of runway (11 quarters assuming current level of expenditure) I am confident they'll come up with something to add value to the company within that time.
Unless some acquisition/new project is upcoming, I doubt we'll be at risk of getting CR'd any time soon and am confident in the company to stay afloat amidst the economic downturn lately.
The same can't be said about the other high valued tech-stocks I've seen lately, with high expenditure and no profit
Ann: Quarterly Activities Report and Appendix 4C, page-2
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