- y/e financials $3M cash
- add $6.2M financing from Jan 25th
- deduct $1M burn per month
From Offering Document....
"As at April 26, 2024, the Issuer has an existing working capital of $10,960,000 (US$8,000,000), with $13,152,000 (US$9,600,000) cash on hand. There are no finders’ fees or commissions associated with this Offering. Net of closing costs, the Issuer estimates that it will have $20,880,000 (US$15,240,000) of available funds determined as follow:"
So where did this extra cash come from? hmmmmmm