Replies to post #63024 on Quantum Materials Corp. (fka QTMM)

[BigE1960]

-$284K over 6 months.

[BigE1960]

Also, the "burn rate" (#63018) was brought up. These income numbers are almost useless. Burn rate typically refers to actual cash flow.

Below is the historical comparison of Net Income to Cash Flow from Operations/Investing/Capex*:

6/16: -$1,967 - $1,125 = -$842
9/16: -$1,577 - $640 = -$937
12/16: -$2,208 - $545 = -$1,663
3/17: -$1,165 - $630 = -$535

Add in Financing activities* and obviously there is not a lot that can be determined (wrt burn rate) from the figures in the late filing notice.

6/16: -$842 + $1,382 = +$258
9/16: -$937 + $400 = -$240
12/16: -$1,663 + $525 = -$20
3/17: -$535 +$945 = +$315

* Quarterly figures were sourced from YahooFinance.


EDIT: Oops, this was meant in response to #63028.