Cash, cash equivalents and short-term investments as of June 30, 2016, were $24.0 million. The company believes that its existing capital resources will be sufficient to meet its projected operating requirements for at least the next 12 months.
Oh shoot...didn't even realize you had been in on this one. Didn't scroll down to peep out the board. Very interesting licensing deal. Readying something for 'commercialization'? Hmmmm.