Post by
Tsmith on Sep 23, 2023 7:35am
cash and working capital what will it be used for
Cash and cash equivalents and short-term investments were $61.0 million at June 30, 2023, compared to $67.9 million at December 31, 2022. At June 30, 2023, Quarterhill had working capital of $109.5 million. Due to the nature of the Company's business activities, operating cash flows may vary significantly between periods due to changes and timing in working capital balances.
Does anyone think this cash will be used to buy out another company to expand quarterhill bussiness
Or if cash is not used do you think the new board members and ceo would want to sell quarterhill.
Cash drain from 2022 was a big concern
Cash used in continuing operations for the three and six months ended June 30, 2023, was $10.2 million and $18.7 million, compared to $45.1 million and $51.4 million in the comparative prior year periods, respectively.
My concern with previous ceo and old board members after the apple settelment of about $165 million you would have think that money would have been put to use to expand company why did they burn through so much cash at the time if some one know please let me know. Do you think new board and Ceo is aware that all that cash went so fast and going foward we will be leaner operation. How much more money is quarterhill owed roughly from wi-lan sale and when we get final proceeeds i asume we are done with wi-lan no more 10% ownership would this be done by year end
Is there any companies out there that quarterhill can buy
your thoughts will be appricated.
Comment by
Socrates1 on Sep 24, 2023 8:48am
You are very nice Cabbie! Not sure if Tsmith is here for co info or just poking us with trivial B'S...? He only finds issues never a positive word? Anyways you did a nice recap, thanks for that! hoping for some valuation adjustment....... soon?
Comment by
cabbieJBJ on Sep 24, 2023 9:19am
He's up to speed imo, so I look forward to positive contributions from him. Time will tell, of course. Reasonably, QTRH needs another data point on profitability before valuation adjustments.
Comment by
Lagger95 on Sep 25, 2023 10:12am
"I wanted wi-lan to get want we were fully owned seems to me there was to much politics involved apple was to big correct me if I am wrong I am sure all of you on this board feel like we got cheated" Too much politics, not sure it was managements fault like some were ranting about.
Comment by
Tsmith on Sep 25, 2023 11:48am
No it should not be time to move on work hard sign lience deal wi-lan
Comment by
Tsmith on Sep 25, 2023 11:49am
Wi-lan should have made billions a year if the has not been so lazy you have to work hard like amazon and tesla then you get reward big time
Comment by
Tsmith on Sep 25, 2023 11:51am
Of course they should have been equal to constalation software but jim skippen said o well i am not as smart as constelation software i dont have confidence
Comment by
Socrates1 on Sep 25, 2023 10:32am
For your own sake LET WILAN GOOOOO.... WATER under the bridge! You want to comment not ETC,IRD or ITS? GO.....
Comment by
Tsmith on Sep 25, 2023 11:12am
Why dont you burn in hell you you are being an arrogant a hole
Comment by
Tsmith on Sep 25, 2023 11:14am
YOU PROUD BOY MEMBER YOU SUPREMIST
Comment by
Tsmith on Sep 25, 2023 11:20am
No one likes to hear the truth you settle for bs that wi-lan did dont tell me water under the bridge you jerk. next time you talk me me like that i will hit you with a 2x4 in your teeth
Comment by
Tsmith on Sep 25, 2023 11:30am
I know deep down inside you are good person watch how you speak to people
Comment by
Tsmith on Sep 25, 2023 11:33am
no hard feeling dude lets move on and we can have good conversatuions going foward
Comment by
Tsmith on Sep 25, 2023 11:34am
i forgive you socrates 1 water under the bride
Comment by
Tsmith on Sep 25, 2023 11:35am
Dont worry socrates you are my buddy i will always have your back you are the best