There’s a massive drop in revenue. That was the first thing that hit me as I very quickly skim through this report. Everything else looks the same. As a non holder, I completely forgot to look for any FDA information. I just completely forgot about it.
At cash burn rate of a bit more than $10.1 million, $40.1 million left in the bank - SPL has at least 3 3/4 years left if nothing changes.
Sorry, I said I wouldn’t comment as a non holder but this report with its pretty pictures caught my attention. This morning’s announcement gave me a sense of FOMO but this Annual Report stopped it.
I hope all long timers holders will have something to smile about one day. For me, I ran out of patience 3-4 weeks ago.
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