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Re: ohm20 post# 33418

Tuesday, 09/14/2021 11:56:02 PM

Tuesday, September 14, 2021 11:56:02 PM

Post# of 42557

Current cash burn around $22 million a month. If no EUA your cash runs out in less than 6 months.

That cash balance was as of June 30 and at that same time they had $46 million of AP and Accrued expenses, so that $120 million was $74 million. HGEN burned through a good amount of cash in July, August and early September, plus they have $25 million of Hercules debt outstanding. Enjoy the dilution, longs...