Humanigen Inc (HGENQ)

[10nisman]

Tsk Tsk. Not Polite to Lie. Cash on Hand:

Clearly, you failed to read my post because it said "Net Cash"... which is a companies cash position. Let's calculate Net cash using the the Q3 2021 10-Q in millions...

Cash $76,500
Less: Accounts Payable ($45,962)
Less: Accrued Expenses ($18,602)
Net Cash position: $11,936

We'll skip the fact that HGEN also owes $24,818 in long-term debt, which leaves a negative net cash position of ($12,882).

That is over $2,500,000 in revenue! And that doesnt include the final quarter!

Congratulations on finding license revenue and we can discuss what that means later, however, as noted in my post we were talking about "Income"... So, let's look at the 10-Q again and find Net Income in Q3 2021 and YTD September 2021.

Q3 2021
Revenues $1,036
Operating Expenses ($67,015)
Loss on operations $65,979

YTD September 2021
Revenues $2,558
Operating Expense ($202,985)
Loss on operations $200,427

So, no income here, just massive losses of $1.12 per share in Q3 2021 and losses of $3.56 per share in YTD September 2021.

How many shares did HGEN sell in Q3 2021 and during the period from October 1 to the date of the 10-Q filing?

Typical market multiplier on revenue value is between 30-50x. Just a stock market standard for recognizing the appropriate market cap value of a company.

I see... Please do show us all how the market is trading at a revenue multiple of 30-50x. Also, what revenue multiples do PFE, GILD, BMY, AAPL, AMZN, WMT, GM, CLF, MMM, etc., trade at?