I don’t position myself as an expert, everything posted is just my opinion, @lucasq. A simple reading of the financial statements in the previous 4C suggests that they will need a capital raise within 3 quarters, based on current burn.
The original/current timeline for launch in the US still means that they will need a capital injection well before incoming US revenues are able to sustain the cash burn.
All quite simple, nothing nefarious. The whole point of the financial statements - IMO - is to be able to look at the business completely dispassionately.
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