MNTA’s effective cash balance at 12/31/10 was $202.9M. This comes from $100.7M of cash, $41.1M of marketable securities classified as current, $11.0M of marketable securities classified as non-current, and $54.5M of accounts receivable, less $4.4M of accounts payable.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”