Endra Life Sciences Inc (NDRA)

[dndodd]

their cash burn is only 1.7 a quarter.

"During the quarter, we used approximately $1.7 million in cash for operation."

David Wells

"Yes. Brooks, this is David. Good question. Just to clarify, the burn in the quarter was $1.7 million and $2.3 million difference being some non-cash charge for equity instruments just for compensation we see every quarter. And then in terms of the cash available, we have cash available today to get us into 2020 and to be able to accomplish all of the operational activities that were discussed. We take our continued posture, which is to opportunistically and periodically review the market for available additional capital. And I think we’ve tried to stay very, very consistent and very controlled with our spending. We’ve managed our balance sheet and our cap table very carefully. And then we will – while we have no plans for future funding, we will continue to look opportunistically at what the market mix available to us."