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We had the following SE as of Nov. 30, 2019: negative $13,631,597. So, we need $18,631,597 + at least 12 months cash, which is an additional $44-$52M depending on what historical amount you use as the basis.

So, a grand total of $63-$71M to just squeak by the minimum requirement.

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The notes are paid, that reduces 9M to negatives. BLA approval adds assets I believe. Also, mono trial finish and BLA submitted reduces cash burn by over 50% imo. Also, we will have to see accounts payable or cash on hand, I haven’t kept track, but they seem to be bring in more than 4m per month funding lately. I think that cuts your number required down substantially.