Baristas Coffee Company, Inc. (BCCI)

[BobSinCA]

In fairness, some of the loss is non-cash:

- About $50K/qtr for depreciation and amortization.
- About $50K of expense in Q1 paid for by dilution (2.5M common shares).

To pay for the rest of the money-losing activities, the company went a further $200K in debt during the quarter.

But net, the company is bleeding cash. The Q1 15 financial statements say:

The Company intends to fund operations through equity financing arrangements, which may be insufficient to fund its capital expenditures, working capital and other cash requirements for the year ending December 31, 2015.

This suggests that the company does not expect mall revenues to expand sufficiently quickly in 2015 for royalties to subsidize horrific kiosk losses.