End Q1 = $5.5m
End Q2= $3.5m
End Q3= $1.5m
End Q4= -$.5m
You missed the negative sign on the last quarter. So basically they're going to need to raise money in the 3rd quarter if they keep spending to $2m a quarter. My bet is they will raise well before Sept so they can keep getting paid once the delay in obtaining funding is announced
End Q1 = $5.5m End Q2= $3.5m End Q3= $1.5m End Q4= -$.5m You...
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