Oh i agree that startups usually spend alot of capital, but im just saying that the amount that they spend is rather ridiculous. 400k on travel expenses is honestly quite much, seems like they are probably staying at high class hotels and taking business class flights. Also, their R&D costs are through the roof, they operate as though they are a medical research company rather than a tech start up.
I mean, where does the R&D costs go to? They are programmers, they hire programmers and all that goes into staff costs. Not sure what "R&D" they do that warrants such expenses tbh. But yeah i do want to ask the company these questions.
I am here of course because i believe in their tech just unsure why they spend that much.
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