Cash burn, see how much they've reduced it.
Last quarter they spent $1.34m operating, they should have a bit more income now with minimal increase in costs for that income. Negative margin of 565k.
They are capitalising similar amounts in capital, but we really want to be seeing that operating gap come down as fast as possible.
Breaking down that 565k;
- Coming back to their higher 850k advertising adds 200k
- ~100k in cost savings
- 20k more from rentpay this Quarter
Halfway to operating cashflow positive.
Shows how big of a disaster their hit to advertising was.
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