Ann: Quarterly Cashflow Report (Appendix 5B) - June 2024, page-10

You'll have to wait for the next quarterly report, as JZ hasn't provided any specifics on workforce reductions, spending cuts, or other cost-saving measures. Currently, all we have is a vague "we're tightening our belts," but what that actually means is uncertain. Personally, I estimate around $4m will be spent next quarter, with costs progressively decreasing each subsequent quarter. Nonetheless, I believe another cap raise will definitely be necessary within the next 12 months, and more likely within 6 months.