Rezolute Inc. (RZLT)

[Whalatane]

RMB ...comparing RZLT and EYEN ...a quick Look.
Last earnings report EYEN had $21m cash and were losing $7.3 m a qt ....so you know a huge capital raise is coming if they hope to manufacture and sell their device
RZLT has $96m in cash and are losing $14m a qt ...so their cash on hand will last them well into 2025 ...altho they will probably raise $ on a good DME trial read out ...late May I think .
I'm biased to Bay Area biotechs as I've met people working at some of them and hedge fund managers that invest in them .
They are usually connected to leading edge KOL's at places like Stanford and UCSF and often have them on their advisory boards , even BOD's.
Chk TNYA for instance ( which I also own ...early days )
Good luck
Kiwi