No surprises really on the cash burn. I expect NRE within the next two quarters to give them the runway needed to full product orders and revenue
The timing of the financials is interesting as the TSX requires filings within 45 days of Q-end and they were close to hitting that today. TSX venture deadliines are 60 days after q-end so they were in no rush to file these this week
I think they are getting their ducks in a row for a TSX uplist but they need to show sufficient cash on hand for the next 12 months which NRE should take care of.