Yes a further CR is a given in 2019 and well understood by holders. High/hyper growth early stage tech stocks consume large amounts of cash before breaking even. 200-300% growth isn't cheap and there is no doubt costs got away from management in ths second half of 2019. But the Q on Q reduction in op exp from 13.7 mill to 11.7 mill is better than i for one expected and this report sets a clear expectation of "significant" further reductions as well as stipulating how the reductions will be achieved through to July 2019.
Without CR's there can be no growth. They are not only one inevitable but desirable. What investors want to see is that cash being used prudently for maximum effect and i beleive this report indicates a much stong resolve to do so.