MYQ - General Discussion, page-28

They had 600k cash on 30 june.

They received 450k USD from ACAM in July. Let's say 600k AUD.

They are due for a 4th tranche from ACAM soon, let's say another 600k AUD.

In July they received about $450k in licensed fee revenue from one of their partners.

They have a cash burn of about 650k a quarter without taking into account ANY new revenue streams from Evolt and Bearn during September qtr. Let's multiply the cash expenses by 2 to account for both September and qtr cash burn to 31 Dec end.

Worst case scenario, they should have about 1m cash in bank without a raise by year end.

As stated, this is not taking into account any revenue from their new live integrations which we cannot accurately forecast yet, so this is extremely conservative in my view and their balance should be significantly higher by year end. There is a speculative chance that from a full Bearn release we can achieve cashflow positive.