Investor Relations (IR) Questions: Digirad Corp DRAD
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Answers received: January 2013
1) When is the last time DRAD raised cash through an offering (diluted)? The IPO – they have not done any financings since the IPO.
2) How much cash (not cash equivalents) does DRAD have? Approximately $27 Million at the last reporting period
3) What and approximately when is the next known catalyst? Company has stated that it will be rolling out a new strategy for growth and increasing shareholder value in the coming months.
4) What is DRAD's quarterly cash burn? Last quarter they burned about $1 million from operations
5) Does DRAD have an existing line of credit and if so how much can they draw against it? No line of credit in place or in use.
1) When is the last time DRAD raised cash through an offering (diluted)? The IPO – they have not done any financings since the IPO.
2) How much cash (not cash equivalents) does DRAD have? Approximately $27 Million at the last reporting period
3) What and approximately when is the next known catalyst? Company has stated that it will be rolling out a new strategy for growth and increasing shareholder value in the coming months.
4) What is DRAD's quarterly cash burn? Last quarter they burned about $1 million from operations
5) Does DRAD have an existing line of credit and if so how much can they draw against it? No line of credit in place or in use.