Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.
Message: Assuming no revenues this year, approximately what would be our burn rate???
<Burn rate = negative cash flow.>
That is an interesting thought. So, if cash flow is more than the burn rate, then there is no burn rate? Hmmmmmm
I don't know for sure. But IMHO a burn rate = expenses that you have no matter whether there are revs to offset. Like explained below.
<Burn rate is usually quoted in terms of cash
spent per month. For example, a burn rate of 1 million would mean the company is spending 1 million per month. When the burn rate begins to exceed forecasts, or revenue fails to meet expectations, the usual recourse is to reduce the burn rate (which, in most companies, means reducing staff). >
Opty
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