Source: Shutterstock Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com? Given this risk, we thought we’d take a look at whether Data I/O ( NASDAQ:DAIO ) shareholders should be worried about its cash burn. For the purpose of this article, we’ll define cash burn as the amount of cash the company is spending each year to fund its growth (also called its negative free cash flow). We’ll start by comparing its cash burn with its cash reserves in order to calculate its cash runway. View our latest analysis for Data I/O How Long Is Data I/O’s Cash Runway? A company’s cash runway is the amount of time it would take to burn through its cash reserves at its current cash burn rate. As at December 2022, Data I/O had cash of US$12m and no debt. Looking at the last year, the company burnt through US$2.4m. That means it had a cash […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
