I did what you said and checked the Motives podcast. I do believe that Nandan Sheth said
at about 12:53 on the Podcast he said Splitit has "Healthy Balance Sheet" I'm not an accountant but in business that is a term for being "Cash +ve"
This was in this was July 2022 then Splitit got a 25mil in the end November/December .
I don't think they can spend around 28mil in a year with the overheads decreasing