Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.
Message: Thanks Fut - but I also believe that I'm on the right track
In saying that burn rate is more equivalent to operating loss (operating loss appears to be a factor of burn rate) than:
palsy's statement
burnrate... converstion... our overall cash & equivalents has improved!!!
and closer to opty's
<Burn rate is usually quoted in terms of cash spent per month. For example, a burn rate of 1 million would mean the company is spending 1 million per month. When the burn rate begins to exceed forecasts, or revenue fails to meet expectations, the usual recourse is to reduce the burn rate (which, in most companies, means reducing staff). >
New Message
Please
login
to post a reply