Yeah almost 2 million burnt this year and then only 2.5 M in cash.
Debt is not cash. Debt is not a good idea either for a company with 1 Million in Rev.
In fact with 1 million in Rev .. they are still -2M a year. And thats after the 8 M in cap raising done in September. Ye.. I would say they are BURN HEAPS!
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