Staff cost and admin cost account for 40% of cash receipts

According to quarterly combined Staff cost ($962,000) and administration cost ($936,000) accounts for ~40% of the total cash receipts for the quarter.

Has anyone seen the salary earned by key management?

To me it seems they are just paying themselves with the cash raised at the IPO and will come to market again in 9-12 months for more money.
I would keep an eye on this one to see how all this going to end.

Jst thinking out loud.