RE:News after the bell... Is it coincidence that the license is received in the same month that Sen's original secured loan mature? Emphasis on secured! Oct 24th it was.
And as a reminder, SPR had $151k in cash at the end of May ... not a typo ... and $8.5mm in current liabilities. Still waiting on August financials which are sure to surprise. Last year they were filed on Oct 30th so not far now unless of course Covid delay excuse is used again. Not sure what broker would raise them money with security to Sen a risk and in advance of filing audited financials.
So how you gonna get $$$ in to pay for product. I guess you could monetize assets like the $11M in intangibles/goodwill.