How can a company with only a few employees and no large...

How can a company with only a few employees and no large manufacturing facility burn 700K a quarter!!? That is 230K a month, those are huge costs! Has anyone addressed this with Kobi / the company? We're out of cash in 4 months pretty much, with no revenues. I think right now the only reason to hold is that this has a value as a shell: market cap of under 5 mill could make this a cheapish way for another entity to list tbrough a reverse take-over.