Bio Path Holdings Inc (BPTH): Runin, I got the burn rate from the annu...

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Re: Runninonempty post# 3893

Wednesday, 05/02/2018 9:44:08 PM

Wednesday, May 02, 2018 9:44:08 PM

Runin, I got the burn rate from the annual report press release.

"Research and development expenses were $5.5 million for both the years ended December 31, 2017 and December 31, 2016.

General and administrative expenses for the year ended December 31, 2017 increased to $3.5 million, compared to $3.0 million for the year ended December 31, 2016. The increase was primarily due to increased legal and audit fees.

As of December 31, 2017, the Company had cash of $6.0 million, compared to $9.4 million at December 31, 2016. Net cash used in operating activities for the year ended December 31, 2017 was $8.0 million compared to $8.1 million for the comparable period in 2016. Net cash used in investing activities for the year ended December 31, 2017 was $0.5 million. Net cash provided by financing activities for the year ended December 31, 2017 was $5.1 million."

http://www.biopathholdings.com/wp-content/uploads/2018/04/BPTH_FY_2017_Earnings_Release.pdf