Present burn rate is $370k/month and with $11 to 13 Million in the bank, I would say they could stretch it out for at least 2 years. Even with a burn rate of $ 500K/month that would take it to 18 - 22 months out.
Cash is not an issue! Period.
Future revenues are.
Projected Q3-2014 - PDA deal; Q4-2014/Q1-2015 deals/revenues.
BTW, we are in Q3-2014.
GL.