So relatively low R&D expenses this quarter. Its interesting how this impacts the cash burn :
"8.5 Estimated quarters of funding available (item 8.4 divided by item 8.1) 19"
or 4.75 years. Obviously the final number will be smaller, depending on their R&D costs going forward.
Anyway, it looks like there's no need for a cap raise any time soon.
All IMHO, DYOR
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- Ann: Weebit Nano Q3 FY24 Activities Report and Appendix 4C
Ann: Weebit Nano Q3 FY24 Activities Report and Appendix 4C, page-8
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