RE:Liquidity and Capital ResourcesYes, but those numbers are backward looking and potential rev that is not going to happen till later in the year.
With a burn rate of 10mil per Q and rising (Q4 23 10 mil needs to be subtracted) and rev around 2mil they will be very low on cash at the end of Q1 2024. Maybe 4mil? but that could be eaten up in the rising cash burn.
It takes about 30 days after fin to have cash in the bank.
Canadian Brokerage/ Lenders are like loan sharks and deals will be worse the more they know a company needs the cash. The dropping SP won't help either.
This is one thing Sue keeps tripping up on.