Because around 1billion of that 2.2 is reserved and doesn't really count as cash (customer deposits etc). So probably leaves around 1.2bn left at bank. They ar

Because around 1billion of that 2.2 is reserved and doesn't really count as cash (customer deposits etc). So probably leaves around 1.2bn left at bank. They are also spending next to nothing on capex which is going to be tough to sustain long term. If their capex was back towards their guidance for the year they would be closer to a billion loss this quarter.