InvestorsHub Logo
Followers 4
Posts 179
Boards Moderated 0
Alias Born 02/25/2012

Re: None

Thursday, 06/25/2015 9:31:23 AM

Thursday, June 25, 2015 9:31:23 AM

Post# of 414215
Just a few more quick points on our financials, if you look at our cash flow statement you’ll see we’re reporting an operating cash burn of $15.1 million and also our P&L statement shows $14.8 million in R&D expense. So, if you put these two numbers together, this statement show that the cash burn is due to the R&D costs, not really a surprise there.
These R&D costs are however starting to really pay off for us.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ELTP News