My back of the beer coaster calcs confirm also says they are not flush.
If they burn through 1.5M annually and they only raised 700K in Jun last year then they should be about broke again. It's a worry.
CZM will make payments for additional engineering works as required
These new arrangements are expected to generate cash flows to Optiscan for both the supply of services and instruments in excess of $2.2 million by the end of calendar 2016
I expect Optiscan negotiated smaller more frequent payments as opposed to larger, later payments.
There does seem to be a cashflow squeeze acoming
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