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The most recent financial report.
$Archer Aviation (ACHR.US)$ The company just released the quarterly financial report at the beginning of the month. How many people have read it? Let's talk about some simple numbers: as of September 30th, the company's cash is 0.5 billion (balance sheet), the company roughly burns through 1 billion every quarter (cash flow - operating activities & investing activities). If the company fails to obtain FAA approval as planned, or cannot achieve commercial sales in the fourth quarter of next year, the company's cash will be depleted by the end of next year. Of course, you can continue to make pie in the sky, obtain more investments, or push up the stock price, and then finance from the market. Just want to tell everyone, the risk is very high, you must be prepared for profit protection or hedging.
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