RE:Willow's future stock price At Sept 30 co. had $0.29/sh in cash but burning $4 mil/qtr ($0.03/sh) in cash, mostly on R&D. Question is does that pace of R&D continue or slow. If they burn it all up to get to commercialization then they need to generate $13 million/yr to justify current share price.
| Revenue | 13 |
| 70% Gross margin | 9.1 |
| Cash exp | (5) |
| Ebitda | 4.1 |
| Shs | 123 |
| Ebitda/sh | $0.033 |
| Multiple | 12 |
| Sh value | $0.400 |
"With approximately $35.7 million in cash as of September 30, 2021, Willow is well positioned to fund its operations to commercialization."