Post by
Griz_Online on Mar 07, 2020 6:51pm
Wondering how depleted the cash pile will be
Come earnings time? any guesses?
Comment by
Schaffhausen on Mar 07, 2020 7:34pm
Burn rate was about 5M per quarter. Increasing revenue is dropping that each quarter, and I estimate they will be profitable this year. Just given the cash as reported in 2019 Q3 (50MM ) they would be good until Mid 2022!
Comment by
YUNGGUN2121 on Mar 08, 2020 8:11am
Hopefully less than a few mill. They got their sales and marketing expenses down in q3. Hopefully they kept it down and didnt drop too much money in europe advertising. And they said a big chuck of their g&a expenses in q3 were one time so hopefully we see a big decrease there too. But really I'm not expecting much great news untill 2020 q2 - q3