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...
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).
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?
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?
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