NorthWest Biotherapeutics Inc (NWBO)

[tryn2]

NWBO shares sold per year to conduct company business:

2020: 197,529,237
2021: 124,796,284
2022: 108,951,400
2023: 111,338,307
2024 thru 2/13/24:
12,862,803

If current burn rate continues thru this year, they will use:

12,862,803x365/44=
106,694,502

So business as usual for now...AND the burn rate has decreased every year since 2020. If they continue at an average of, say 125,000,000 a year (conservative value), they have enough funds to last another 4 years without raising the shelf, PLENTY of time to get DCVAX-L into production and start receiving income from the sales, so the company is in great shape as long as they get approval (and they will imho 😎)...