Hauptdiskussion ISIN: US10501L1061 Forum: Aktien User: Schorsch11

Basierend auf dem letzten Q-Bericht ist der Cash-burn ca. 700k$ pro Monat und reicht noch ca. 2 Jahre. Second Quarter 2020 Financial Results Total revenues for the second quarter of 2020 totaled $4.8 million, compared with $5.7 million for the second quarter of 2019, a decrease of 15%. Quarterly recurring lease revenues were $3.4 million, representing an increase of 4% over the second quarter of 2019, and comprised 70% of total revenues. Gross margin for the second quarter of 2020 was 79%, an increase when compared to second quarter 2019 gross margin of 76%, which resulted from lower manufacturing overhead costs in the quarter. Operating expenses for the quarter totaled $4.0 million, compared with $7.0 million for the second quarter of 2019. The decrease is in-line with the Company’s efforts to enhance efficiency and to lower operational expenses in light of the financial impact of COVID-19. Operating loss for the quarter was $0.2 million, compared with an operating loss of $2.7 million for the same period in 2019.   As of June 30, 2020, the Company had cash and short-term investments of approximately $17.8 million, compared to $21.9 million at December 31, 2019, reflecting a cash use of $4.1 million for the first half of 2020 resulting from operating losses and timing of inventory deliveries from vendors.