TheAnalyst007 posted in his essay that the company has $10 mil. Could be true if it had no expenses, but it does lol.
December 2023 it had $2.6 mil cash at bank, in March 2024 raised $8 mil cash from private and soph, so it had access to $10.6 mil.
It reported cash burn in the previous year of $7.4 mil and sales growth of 26%.
In my estimate it may have had $5.6 mil on 30 June (but that is only based on the reported changes in the previous year)
Let's see what is reported. If true, it will need to raise capital again soon
TheAnalyst007 posted in his essay that the company has $10 mil....
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