Why "ouch"? Your reaction presumes the negative when we don't know what the $ will be used for (unless, of course, you are a trader and care about short-term swings). They have 86 million in the bank and have executed extremely well, so I, for one, will give them the benefit of every doubt that there is a plan in place to grow with that $.
The pullback has been mild, and I have not seen a significant cash burn with AVNR. The $$$$ on hand seems to have held fairly steady over recent quarters in the $80 Million+ range.
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