3 ms·
Glossing over their Q2 statements: * Their current liabilities are a bit over their current assets and have been since the start of the year * Their equity fe
by spywaregorilla 4y ago
Glossing over their Q2 statements:
* Their current liabilities are a bit over their current assets and have been since the start of the year
* Their equity fell by more than half. Debt:Equity is now 3x
As always, the answer is that they can continue to burn cash for a while yet.