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pochemunyet

05/12/22 11:21 AM

#99941 RE: Think1st #99940

LWLG doesn't need more money than they have to continue operations, for a while...
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Pickle Power

05/12/22 11:27 AM

#99943 RE: Think1st #99940

Think,

LWLG doubled R&D spending in 1Q22 which ramped in 4Q21 so that is hopefully moving us into final stages of foundry production. Cash burn takes LWLG through January 2024. GF has their own cost as other partners must integrate so imagine this is borne by other partners and within GF CAPEX budget.