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Re: pennymonster1 post# 205981

Sunday, 12/30/2018 6:45:56 PM

Sunday, December 30, 2018 6:45:56 PM

Post# of 711962
The operation burn in the last 4 Qs was $36M

For the first 3 Qs of 18 it has dropped a bit to $20M. But over those 3 Qs the AP has shot up by about $7M, so the reduction is bills not being paid.

Same patter in 17. The first 3 Qs were only $21M, but it was $37M by the end of the year when they came into some money.

OP-ex cash burn does not including paying debt nor cash raised in financings.





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