The filing spells it out. Its a couple million. Whether thats a waste or not, I have my opinion but these guys spend roughly 10 million a year. Some on licensing, a few employees salaries, and some on trials. It's hardly a get rich scheme. Of note the Cleveland Clinic had been paid 350k out of an estimated 2 million total for MS trial per 10q. With the holidays coming up, doesn't look like they will launch the trial before early next year. whether or not we get an update before then is getting less likely but you never know I guess. Likely some tax loss selling the next few weeks too.
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