Ann: Quarterly Activity Report & Appendix 4C for 2Q 2022, page-2

The main thing we are looking for here is an improvement in the rate of cash burn. I believe this has been a success.

With 12.4 million pounds in the bank an and burning 4.6M, they currently have 2.7 quarters spare.

Of the 4.6M in net cash burn, 3.6M was operating (down from 5.5M in Q1), 1.9M from investing and 0.1 from financing. As long as DOC can keep the positive trend in operating results occurring, this is off

Consultations weren't fantastic, but the company commentary on the seasonality is plausible. There was a dip in Q2 last year followed by strong growth.