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Re: Think1st post# 99940

Thursday, 05/12/2022 11:27:22 AM

Thursday, May 12, 2022 11:27:22 AM

Post# of 202903
Think,

LWLG doubled R&D spending in 1Q22 which ramped in 4Q21 so that is hopefully moving us into final stages of foundry production. Cash burn takes LWLG through January 2024. GF has their own cost as other partners must integrate so imagine this is borne by other partners and within GF CAPEX budget.
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