Jul. 25 at 10:36 PM
$MIST BEAR Case: 3 Financial Strain & Cash Burn
As of March 31, 2025, cash reserves stand at
$56 million, down from
$69.7 million at year-end 2024, while net loss for Q1 2025 doubled to –
$20.8 million year-over-year
The company continues to burn cash, and upcoming milestones (e.g. FDA decision, product launch) hinge on securing further financing, posing execution and liquidity risk