RE:Materially Debt Free PRCADInvestor12 wrote: In the PR they state having more than $13M in cash on balance sheet ... based on Q2 results, approx $3M in cash burn QoQ .. Q3 revenue flat or declining? While nice being debt free, this is not the PR we needed and I don't think it's material to the business.
cash burn since Q4 2023 3.6mill with 2.1 mill debt repayment (Q1
started with 18mill in bank looks like they are cah flow positive to me
18mill-5.7 mill is 12.3 mill
and they say they have more than 13 mill in the bank now
is my math wrong???