Ayala Pharmaceuticals Inc (fka ADXS)

[ubmmg]

I'm trying hard to make sense of the report, so help me here:
They show a net income of $12.817M in the last quarter, but the total cash and cash equivalents dropped from $44.141M to $32.710M (a drop of $11.431M) in Q1? How that's possible? The numbers don't add up!