There was $5m in the kitty at the end of March quarter and they had burn rate of about $3m that quarter after taking into account cash receipts of about $1.2m.
A CR at this point in time, with no talk of an acquisition, surely means that the cash burn has increased, either through further increases to staff and admin costs, a drop in cash receipts or both.
There was $5m in the kitty at the end of March quarter and they...
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