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Spectra7 Microsystems Inc V.SEV

Alternate Symbol(s):  SPVNF

Spectra7 Microsystems Inc. is an analog semiconductor company. The Company delivers analog semiconductors at a bandwidth, speed and resolution to enable disruptive industrial design for electronics manufacturers in virtual reality (VR), augmented reality (AR), mixed reality, data centers and other connectivity markets. It creates silicon products that enable copper cables to be longer, thinner, lighter and run at higher performance levels. Its family of products features a patented signal processing technology used in the design of active cables and specialty interconnects in data centers, VR, AR, and other connectivity products. It provides chips, such as HT8181 HDMI 2.0 In-Cable Equalizer, VR8200 Ultra-High-Speed DisplayPort Embedded Interconnect Processor, VR8300 Ultra-High-Speed DisplayPort Embedded Interconnect Processor, VR8050 Interconnect Processor, VR8051 Interconnect Processor, GC2502 Data Center Cable Processor, and GC1122 Dual Channel 112Gb/s PAM-4 Linear Equalizer.


TSXV:SEV - Post by User

Post by kaydeehon Apr 01, 2022 8:02pm
216 Views
Post# 34569137

Cash deployment

Cash deployment

Actually, most of the cash was deployed in q2 not q3.

Here is an exerpt from q2 md&a

Cash used in operating activities in the three and six month periods ended June 30, 2021 compared to the same periods in 2020 increased by $3.3 million and $3.9 million, respectively as the Company prepaid for inventory, supplies and increased accounts receivable balance as revenue ramp, offset by lower net loss. Without external sources of financing, the viability of the Company as an operating business is dependent on its ability to generate positive cash flows from operating activities in the short and long-term.

It is relative to the 3 and 6 months from last year but 3.3 mill is still a big leap.

 

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