As of May 31, I estimate (based on SEC filings) that we have $30 million cash on hand. We owe Fife $71.5 million. We owe other vendors $78 million (of which about 75% is owed to Samsung). The cash and vendor figures are rough and assume that we burned $8 million of cash in May while holding payables even. They assume a $10 million payment to Samsung in April, which could easily be off. All we "know" is that they paid something relatively significant to Samsung in April. Assumptions are reasonable based on the last 10Q.
The company owes Fife $7.5 million in each of June, July and August. It will likely be paid in shares, but Fife has the option to demand cash payments.
Any company with $30 million in cash, an $8 million monthly burn rate and $149 million in short term liabilities needs new investment.