This result was what I was expecting. I previously wrote about...

This result was what I was expecting. I previously wrote about my concern about the business without the $5m CHIRON payment (https://www.thestockpickerau.com/si...Health---Financial-Check-Up-Uncovers-Concerns).

Now there is $2.5m cash on the balance sheet and without the $5m revenue they would have made a significant loss. Based on this they could run out of cash within a year or two without significant growth. They already have $1.5m debt.

I don't understand how the market has missed this. The company is at a tipping point with the risk well and truly pointing downwards.