From the conferance call Subhash stated the following with regards to cash and burn rate. I guess either you believe him or not.
Leveraging the strong balance sheet
17:16 – The third priority we described, leveraging our strong balance sheet. Hitting our milestones and maintaining a strong balance sheet gives us the ability to accelerate our time-to-revenue and execute effectively when opportunities present themselves. It allows us to partner with governments, institutes and private companies to broaden our product portfolio, develop new applications and pursue other appropriate opportunities. We started 2016 with a strong balance sheet and small operational liabilities.
17:50 – We are on plan, on time and on budget and continue to expect this cash to fund several additional quarters of development and get us to revenue and positive cash flow.
