Good news to see positive operating cash flows.
Significant costs in R&D and staff costs but that is expected. R&D will be laced with tax incentives so it good to look at it as a NIL expense, and continued government funding will continue to drive the R&D.
Net $195k outflows for an entire quarter is a great result, especially for a company in its infancy stages.
Hopefully operating cash flows can stay positive, especially with the addition of the I-med contracts going forward.
GLTAH.
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