RE:Working capital cabbieNo way to know. Depends on all sorts of details that never make it into filings.
Generally best to develop IP internally if you can. If IP that you want is not easy to develop internally and can be bought elsewhere then you start looking at price, cultural fit, quality / due diligence, what synergies make a case for paying more than anyone else wants to pay, etc. Will having that IP help you to win key contracts that neither buyer nor bought could have got on their own?
My guess is it will be a good while before anything is bought. I suspect they have their plate full of internal issues that need to be fixed, aligned, reorganized--that tons of value can be created by just getting everything going internally like clockwork.
When things are running like clockwork, like the CEO could go away for a month, check in for 5 minutes a day and everything would be fine, that may be the optimal time to look at expanding by acquiring,
My pile of guesses.