In The March qtr the spend was $10m
In the June qtr the spend was $12m
This equates to $3.6m per month
At the end of the June qtr we had $4.3 mil of cash available.
We are now one week into august $3.6*1.25= $4.5mil
Given the above there must be more cashflow that we are giving them credit for or we would now be officially OUT OF CASH...