Post by
JohnnyUtah44 on May 12, 2022 6:02pm
$25 Million Cash and Lot's of News in Reports......$ eom
.... just google for full doc's....MO
Comment by
Flyer47 on May 12, 2022 6:40pm
$23.75 cash on hand, minus accounts payable $ 1.9 , losses at $3.4 per month = 6.4 months from March 31 of available cash. From what I read.
Comment by
QuantumTime on May 12, 2022 11:24pm
Nice, Likely some upfront installments on orders coming also. They will be able to get these contracts completed and at the same time be able to entertain more and more orders as the word spreads.
Comment by
John4434 on May 13, 2022 6:34am
Burn Rate is huge and it will only increase,they need a few things to happen and the sooner the better.
Comment by
SIMPLICITI1 on May 13, 2022 7:12am
The burn rate correlates with contract and capacity forecasts that are already baked into the plan and coming to fruition. Any increase in burn would have to coincide with additional volumes. Once revenue begins to flow from contracts EXRO will qualify for supplemental sources of working capital.