Spot on ST cash burn is usually between $1.2-$1.5 per quarter the only time it has deviated was when lab expansions where carried out last year although last 4C just nudged green as for this quarter there's $500K received from Janssen & Pfizers undisclosed milestone. So while quarter will be unlikely to peform cash flow positive with $3.9M CIB March 31st I'd say bank balance will still be above $3M. Only a few weeks to see.
Spot on ST cash burn is usually between $1.2-$1.5 per quarter...
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$1.26 |
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