XpresSpa Group Inc (XSPA)

[postyle]

There was a report of $31.7 million in cash at the end of June. And an additional $2.3 million deposited with various international courts for injunction enforcement.

Common shares outstanding is approx 87.2 million. There are approx 115 million shares on a fully diluted basis. But because 17.4 million of them are related to warrants (at $1.76 and $5.06) it probably doesn't make sense to count them when we have a market closing price per share of $0.88.

There are 12 million more shares related to the employee incentive plan.

So using the most favorable metrics, I believe it would be approximately $0.39 cash per share. But I don't know the cash burn the last two and half months. I am sure it is more than zero.