They could cut expenditure to get to break even. I am not sure how much Parse costs each quarter, but they could shut that down if they do not intend on monetising it. Ohm has been a flop so far, so reducing expenditure on that makes sense. Hopefully Lifx saves the day.
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- Ann: Update to LIFX Acquisition Financing Arrangements
Ann: Update to LIFX Acquisition Financing Arrangements, page-24
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