Re: Thanks Fut - but I also believe that I'm on the right track
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Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.
Message: Ok over the last 4 -Quaters Cash/cash equvalents has improved!!!!
This is the full definition that quote is taken from:
http://www.investopedia.com/terms/b/burnrate.asp
What Does Burn Rate Mean?
The rate at which a new company uses up its venture capital to finance overhead before generating positive cash flow from operations. In other words, it's a measure of negative cash flow.
The rate at which a new company uses up its venture capital to finance overhead before generating positive cash flow from operations. In other words, it's a measure of negative cash flow.
Investopedia explains Burn Rate
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
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