Re: CashEveryone - let's be calm.
The financing closed on October 10 and will show up on the upcoming financial statements, with a net injection of ~$26 MM of cash after fees.
The company currently has a little under $3 MM of working captial from the last quarter, and from an operations standpoint the burn rate looks to be around $1.5 MM per quarter.
Assuming this, my high level guess is that working capital will be at ~$27 MM, before any capex that is incurred to build up capacity to serve the new contracts.
Remember, 2018 had effectively no revenue and 2019 is a step change for VGW. The model should migrate to a free cash flow model during this year and the need for any more capital should evaporate, unless there is a material new contract that needs to be supported, in which case my guess is that debt could be used as a bridge.