Does Exro Technologies Have A Long Cash Runway?Here is a find:
https://www.aol.com/news/companies-exro-technologies-cve-exro-062736434.html
"A cash runway is defined as the length of time it would take a company to run out of money if it kept spending at its current rate of cash burn. As at December 2020, Exro Technologies had cash of CA$48m and such minimal debt that we can ignore it for the purposes of this analysis. In the last year, its cash burn was CA$8.2m. That means it had a cash runway of about 5.9 years as of December 2020. Notably, however, analysts think that Exro Technologies will break even (at a free cash flow level) before then. If that happens, then the length of its cash runway, today, would become a moot point. The image below shows how its cash balance has been changing over the last few years."