Post by
QCINDIVALUVIN on Aug 16, 2022 7:35pm
Cash balance
As i've shared, the cash balance remained the same.
Comment by
QCINDIVALUVIN on Aug 16, 2022 7:36pm
As i've previously shared*. With cash flow positive coming for 2H2022, we won't need to raise money anymore.
Comment by
nedstar71 on Aug 16, 2022 9:36pm
Good to be confirmed, apologies for questoning you previously. I see accounts receivable dropped by approx $1.7 million over last quarter, I assume this is partly responsible for the cash position remaining stable.
Comment by
QCINDIVALUVIN on Aug 16, 2022 10:45pm
No offense taken and yes, good observation. We are heading the right way though and i'm sure we'll get to between 12 and 15 millions for the next quarters with positive eps for either Q3 or Q4 (not just me but that seems to be the consensus).