FLYHT Aerospace Solutions Ltd V.FLY

Cash position

[CF105]

Some perspective  (if I understand correctly)...

	03/31/22	12/31/21	Variance
Cash and cash equivalents	$           3,326,656	$         4,520,591	$    (1,193,935)
Settlement cash for CrossConsense	$           1,250,000

[Thylor09]

Think the cash situation will be much clearer after the second quarter.  We will have full quarter of CrossConsense in the numbers and hopefully a contract win or two under our belts.

[CF105]

I am looking at it that, aside from the outlay for the CrossConsense acquisition, the cash position is relatively unchanged.