Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: correction $14MM? re: financial @sedar
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Financial out
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novogus
Apr 09, 2015 04:08PM
Re: Financial out
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sonum
Apr 09, 2015 04:09PM
Icon president Re: Financial out
16
ScaryRaccoon
Apr 09, 2015 04:24PM
Icon president mda re: financial @sedar
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robvanhooren
Apr 09, 2015 04:33PM

$14MM on-hand, or thereabouts?

(incl. drawdown for the last 3 months of burn est. about $550k each*), since ...

$11.2 a/o 31December, plus "subsequent to year-end, the Company raised $5.8MM from the exercise of 9.45MM warrants and 271k options". minus the $900k spend to BAE, which is entirely worth it in order to keep 100% of the intellectual property rights.

GLAL,

R.

* - $2.3MM R&D plus $4.3MM G&A gives $6.6MM annual burn
(w/o $3.9MM in "stock-based compensation" nor the $1.4MM UConn deal)

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