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GTman1

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GTman1

Re: None

Wednesday, 03/29/2023 5:45:14 PM

Wednesday, March 29, 2023 5:45:14 PM

Post# of 278616
Kraig Labs spent $461,000 in the last quarter of 2022. At that burn rate, they have enough of a cash runway to last 8.3 more quarters. So over 2 years of operating cash. I'm guessing they recognize revenues long before then.

Wasn't there a big fuss that they were going to run out of cash in a few months and would need another "dilution solution" or some other nonsense?
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