Allow me to spell it out for you Exrooooooooooooooooo Definitely a concern
"By looking at a company's cash burn relative to its market capitalisation, we gain insight on how much shareholders would be diluted if the company needed to raise enough cash to cover another year's cash burn.
Exro Technologies has a market capitalisation of CA$141m and burnt through CA$35m last year, which is 25% of the company's market value. That's fairly notable cash burn, so if the company had to sell shares to cover the cost of another year's operations, shareholders would suffer some costly dilution.
Is Exro Technologies' Cash Burn A Worry?
We must admit that we don't think Exro Technologies is in a very strong position, when it comes to its cash burn"