RE:RE:Cash Position Add in the unexpected expenses of the enclosure. They've also been mostly quiet since the promo video was released.
Rm90090 wrote: Formula based on latest interim financial statement ending dec 31st 2019
CASH RUNWAY = Cash Left in reserves/Amount spent every month (minus monthly revenue)
= 2012168 cash left/837651 monthly expenses - 350000 in licensing revenue
= 4 Months
Taking into account this is from the end of Jan, and no new revenue has been received (I beleive), then cash will run out at the end of April. Does this seem correct? They will need revenue from these contracts very soon. Open to opinions..