| Followers | 127 |
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| Alias Born | 10/20/2001 |
Monday, November 07, 2011 7:54:53 AM
Blue skies ahead for INO! What i really liked from the Q was this! Have to take a flight haven't had time to read further. Capital Resources As of September 30, 2011, cash and cash equivalents plus short-term investments in certificates of deposit were $31.1 million, compared with $21.8 million as of December 31, 2010. This change primarily resulted from the January 2011 financing, from which the Company received net proceeds of approximately $23.0 million, partially offset by expenditures related to our research and development and general and administrative activities. Based on management's projections and analysis, the Company believes that its cash and cash equivalents are sufficient to meet its planned working capital requirements through the second quarter of 2013.
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