net cash used was $11M for the quarter plus they p
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Posted On: 10/08/2019 6:14:50 PM
net cash used was $11M for the quarter plus they paid the accounts payable down $4M from $16M to $12M.
I guess if they stretched it, 11M cash for this quarter and allowed accounts payable to go back to $16M, they could do it the next quarter with $7M in cash assuming same burn as this quarter.
I guess if they stretched it, 11M cash for this quarter and allowed accounts payable to go back to $16M, they could do it the next quarter with $7M in cash assuming same burn as this quarter.
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