so 10mil at year end with 1.8mil receivables from hardware sales and 500k from r&d = 12.3mil. At current cash burn of 340k per month moving to cash flow even in 18 months which would imply cash burn drops to 170k in the next 9months. Evs should maintain a cash balance above 8mil therefore I don’t expect any raises if all goes to plan. Currently has increased 2mil over the last 7 months and needs to increase 1 mil over the next 5 to reach the target this year.
EVS Price at posting:
7.7¢ Sentiment: Buy Disclosure: Held
